FDIC issued guidance that embraces use of pre-filled customer data for Customer Identification Program (CIP) requirements.

Our Privacy, Cyber & Data Strategy and White Collar, Government & Internal Investigations Teams examine how the GENIUS Act’s framework for ...

On August 5, 2025, the Federal Deposit Insurance Corporation (FDIC) issued FIL-39-2025 to state that an FDIC-supervised institution can ...

A congressional bill introduced last week would allow financial regulatory agencies to experiment with artificial ...

Big banks like Chase and Bank of America are giant, global institutions that have integrated their services into every aspect ...

The Federal Deposit Insurance Corp. has been cracking down on misrepresentation of deposit insurance in recent months. WASHINGTON — In an unusual alliance, banking trade groups and consumer advocates ...

Bank of America must pay $540.3 million for underpaying deposit insurance after a federal judge ruled in FDIC’s favor for assessments from 2013 to 2014.

"We can't and won't stand for it," said Coinbase Chief Legal Officer Paul Grewal as the crypto exchange filed an opposition ...

Bank of America must pay $540.3 million for underpaying deposit insurance after a federal judge ruled in FDIC’s favor for assessments from 2013 to 2014. Daniel Tepper Bloomberg ...