Global Fintech & Digital Assets

JANUARY 12, 2024

The proposed legislation would require examining agencies to act quickly and transparently, while creating an independent review and appeals process under the Federal Financial Institutions Examination Council (FFIEC), [1] which would allow banks to seek independent review of material examiner findings.

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FFIEC Process FRB Consumer Financial Protection Bureau (CFPB) 52

Payments Source

JULY 12, 2016

The Federal Financial Institutions Examinations Council (FFIEC) recently issued a warning for financial institutions to review their cybersecurity as it relates to fraudulent transfers and global payment networks.

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FFIEC Cybersecurity Payment Networks Global Payments 64

Payments Source

SEPTEMBER 9, 2016

The Federal Financial Institutions Examination Council has released updated cybersecurity guidance for bank examiners.

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FFIEC Risk Cybersecurity Compliance 60

Payments Dive

JUNE 10, 2016

In April, the Federal Financial Institutions Examination Council released updated security guidelines for mobile banking and payments. Michael Lynch, the chief strategy officer for InAuth, highlights some important parts of the new document that banks need to keep in mind going forward.

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FFIEC Security Mobile Banking Payments 84

Center for Payments

SEPTEMBER 15, 2022

The FFIEC Guidelines require financial institutions to implement a solid business continuity management program, which includes an effective Business Continuity Plan. Historically people within their community look to their financial institutions for assistance, guidance, and direction.

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FFIEC Risk Assessment Business Continuity Federal Reserve 40

PYMNTS

SEPTEMBER 20, 2018

The iPay ESM tool helps those institutions fight fraud while maintaining compliance with the Federal Financial Institutions Examination Council (FFIEC), the firm said. According to ProfitStars, more than 2,500 community and regional banks offer online bill payment to their retail and small business clients through iPay Solutions.

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FFIEC Data Breach Credit Union Breach 62

PYMNTS

APRIL 24, 2017

Beginning with first-quarter reporting, banks with less than $1 billion in total assets can opt into the FFIEC 051 Call Report — a less demanding set of reporting rules regarding banks’ condition and income. But, as of Friday, smaller banks might be seeing some small amount of relief.

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FFIEC Credit Union Fed Regulations 42