Feb 5, 2024 | Economy News
Fintech Group Urges FDIC to Renew Innovation Efforts In a recent letter addressed to the Federal Deposit Insurance Corp. (FDIC), the American Fintech Council (AFC) expressed concerns about the lack of effective communication and industry engagement from the FDIC when...
Feb 5, 2024 | Economy News
The February edition of FDIC Consumer News focuses on an important topic that affects millions of individuals across the country: student loans. With the rising cost of education and the increasing number of students seeking higher education, understanding student...
Feb 5, 2024 | Economy News
The Federal Deposit Insurance Corporation (FDIC) has taken action to provide regulatory relief and assistance to financial institutions in West Virginia and Maine that have been impacted by severe storms and flooding. In an effort to facilitate recovery in these...
Feb 5, 2024 | Economy News
U.S. Lawmakers Challenge FDIC Over Financial Innovation Engagement Senior members of the House Financial Services Committee have formally questioned the Federal Deposit Insurance Corporation (FDIC) over its approach towards Fintech and innovation. Committee Chairman...
Feb 2, 2024 | Economy News
FDIC Tech Lab under scrutiny: Lawmakers demand answers Lawmakers express concern over FDIC’s decision In a recent letter to the Federal Deposit Insurance Corporation (FDIC), three members of the House Financial Services Committee raised concerns over the...
Feb 2, 2024 | Economy News
Press Release: FDIC Issues List of Banks Examined for CRA Compliance The Federal Deposit Insurance Corporation (FDIC) has recently released its list of state nonmember banks that were evaluated for compliance with the Community Reinvestment Act (CRA). The evaluation...