In U.S. banking, more than in most other lines of business, computers have freed employees from considerable drudgery by taking over routine paperwork and bookkeeping. Now the machines will begin to ...

On November 23, 2021, the OCC, Federal Reserve Board, and FDIC issued a joint final rule that requires banking organizations and their service providers to report certain computer-security incidents.

The number of people using open banking functionality has doubled in the last six months, with more than two million using the digital tools to personalise their banking services. Open banking rules ...

Computer Services, Inc. (CSI) (OTCQX: CSVI), an established provider of integrated Fintech and regulatory technology (Regtech) services, has updated its digital banking products. The updates have been ...

The three federal banking agencies (i.e., the Federal Reserve Board, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency—collectively, the Agencies) published ...

According to the Orange County Register, some customers of Bank of America and Wells Fargo were unable to access online banking. Wells Fargo tellers in the area said it was “part of a national outage.

The use of open banking services in the UK has increased by a third in the past 12 months as it becomes “part of everyday life”, according to an industry authority. There were over 15 million users of ...