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FDIC offers “Insight” on Mobile Banking
Although not considered official supervisory guidance, the most recent FDIC Supervisory Insights newsletter offers an instructive early look into how the agency might examine this emerging electronic banking delivery method in the future. (Before you tune out and decide to wait for the formal guidance, remember it was the Winter 2009 issue that first introduced…
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Interpreting The New FFIEC Authentication Guidance – 5 Steps to Compliance
We’ve all now had a couple of weeks to digest the new guidance, and what has emerged is a clearer understanding of what the guidance requires…and what it doesn’t. But before we can begin to formulate the specific compliance requirements, we have to interpret what the guidance is actually saying…and what it isn’t. And along…
