OCC slaps USAA over failure to fix flaws in several areas
Dec 19, 2024 · The order blasts the bank’s management, IT, compliance and suspicious activity reporting. It also limits new products or services and restricts USAA’s ability to expand its …
Evolve Bank ‘failed in its most basic duty,’ stole from customers ...
Sep 18, 2024 · Evolve Bank ‘failed in its most basic duty,’ stole from customers: lawsuit The allegations come from Yotta Technologies, a fintech that says its customers are currently …
5 lessons learned from Synapse’s collapse | Banking Dive
Oct 30, 2024 · Amid the Synapse ordeal, the FDIC proposed a recordkeeping rule last month to bolster recordkeeping for bank deposits received from third-party or non-bank entities that …
Banking News and Analysis | Banking Dive
SEC unveils crypto task force led by Hester Peirce “This undertaking will take time, patience, and much hard work,” Peirce said, adding the agency plans to encourage a regulatory environment …
Citizens tweaks features, eyeing primacy for customers
Dec 6, 2024 · Citizens tweaks features, eyeing primacy for customers The super-regional upgraded its onboarding experience and added a savings tracker and checking account …
Breaking down capital requirements - Banking Dive
Dec 4, 2023 · Picture this: You’re in your car, driving down the road, and something goes awry. Your car is out of control, and it comes to an abrupt stop when it hits something; and it hits …
Huntington wants to open 55 branches in Carolinas over 5 years
Sep 9, 2024 · Dive Brief: Huntington Bank is expanding in North and South Carolina, targeting 55 branch openings in those states over the next five years, the Columbus, Ohio-based lender …
NBT to merge with in-state lender in $236M deal | Banking Dive
Sep 10, 2024 · Dive Brief: Norwich, New York-based NBT Bancorp has agreed to merge with Williamsville, New York-based Evans Bancorp in an all-stock transaction valued at roughly …
Bank of America users report online access issues
Oct 3, 2024 · Thousands of Bank of America customers Wednesday reported trouble accessing their online accounts, according to tech disruption monitor Downdetector and various social …
Blueacorn founders indicted on PPP fraud charges | Banking Dive
Nov 26, 2024 · The founders of fintech Blueacorn have been indicted on federal fraud and conspiracy charges in connection with an alleged pandemic-era Paycheck Protection Program …