Federal Deposit Insurance Corporation

FDIC: High-Touch Beats High-Tech in Small Business Lending
FDIC: High-Touch Beats High-Tech in Small Business Lending
October 03, 2024  |  Loans

In small business lending — regardless of the size of the bank doing the lending itself — a high-touch approach and in-person visits to the...

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FDIC Takes Hard Look at ‘For Benefit Of’ Accounts
FDIC Takes Hard Look at ‘For Benefit Of’ Accounts
September 06, 2024  |  Bank Regulation

The ties that bind banks and FinTechs will be more closely watched by the Federal Deposit Insurance Corporation (FDIC), and a formal proposal/rule from the...

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Compliance Remains a Constant for Bank-FinTech Partnerships
Compliance Remains a Constant for Bank-FinTech Partnerships
August 19, 2024  |  Bank Regulation

Rapid innovation cycles can often outpace the ability of risk management frameworks to adapt. This is being made evident across the banking-as-a-service (BaaS) landscape, where...

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FDIC Warnings on Nonbanks Point to Gaps in Deposit Insurance
FDIC Warnings on Nonbanks Point to Gaps in Deposit Insurance
July 10, 2024  |  Digital Banking

They say there are no guarantees in life. That sentiment applies to financial services — at least depending on where you look, or what promises...

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Thread Bank Responds to FDIC Enforcement Action
Thread Bank Responds to FDIC Enforcement Action
July 01, 2024  |  Bank Regulation

2024 is fast becoming the summer of consent orders for smaller banks. That’s because, with the news Friday (June 28) that Tennessee-based Thread Bancorp is...

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Managing Third-Party Risks Emerges as Key B2B Issue
Managing Third-Party Risks Emerges as Key B2B Issue
April 09, 2024  |  B2B Payments

The B2B landscape is built atop trusted relationships, both formal and informal. These relationships can include partnerships and collaborations with third-party vendors, suppliers, contractors, service...

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FDIC Reports Banks Remain Resilient as Net Income Stays High
FDIC Reports Banks Remain Resilient as Net Income Stays High
November 29, 2023  |  Banking

The aggregate net income for the 4,614 Federal Deposit Insurance Corporation (FDIC)-insured institutions during the third quarter was $68.4 billion, representing a 3.4% decrease from...

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Report: FDIC Will Bill Big Banks to Replenish Insurance Fund
Report: FDIC Will Bill Big Banks to Replenish Insurance Fund
November 16, 2023  |  Banking

America’s banking giants are reportedly on the hook for replenishing the government deposit insurance fund. The Federal Deposit Insurance Corp. (FDIC) is going to approve...

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FDIC Review Identifies Supervision Shortcomings in First Republic Bank’s Failure
FDIC Review Identifies Supervision Shortcomings in First Republic Bank’s Failure
September 08, 2023  |  Banking

The Federal Deposit Insurance Corporation (FDIC) has identified supervision shortcomings around the failure of First Republic Bank. In an internal review released Friday (Sept. 8),...

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