FDIC

The Federal Deposit Insurance Corporation is one of two agencies that provide deposit insurance to depositors in U.S. depository institutions, the other being the National Credit Union Administration, which regulates and insures credit unions.

Source: fdic.gov

FDIC Hit By ‘Inadvertent’ Major Data Breach
FDIC Hit By ‘Inadvertent’ Major Data Breach
April 11, 2016  |  Security & Fraud

The Federal Deposit Insurance Corp. has become the latest federal system impacted by a major data breach. In an internal FDIC document obtained by The Washington...

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FDIC Throttles Back New Bank Requirements
FDIC Throttles Back New Bank Requirements
April 07, 2016  |  Regulation

The Federal Deposit Insurance Corp. is planning to reduce what American Banker termed “heightened regulatory scrutiny” that would envelop newly chartered banks from seven years...

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Google Wallet Goes iOS And Upgrades P2P
Google Wallet Goes iOS And Upgrades P2P
December 14, 2015  |  News

Google has expanded the functionality of its mobile payment system. Late last week, the company announced an update to Google Wallet that will enable users...

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For Banks, Cash Was King
For Banks, Cash Was King
October 19, 2015  |  Controversial

Banks no longer want big deposits, and they seem willing to charge institutional clients for keeping dollars parked in their accounts.

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Google Wallet Funds Now Insured
Google Wallet Funds Now Insured
April 20, 2015  |  News

Google Wallet just made its digital wallet a little more secure. According to a Yahoo Finance report, Google has taken the necessary steps to making...

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