Mitigation

ICBA and The Venture Center launched the application period for the 2022 ICBA ThinkTECH Accelerator program.

The Financial Crimes Enforcement Network’s interactive Suspicious Activity Report webpage now includes filing trend data by industry through the 2020 calendar year.

The FDIC said ICBA will be among the teams participating in the agency’s “tech sprint” designed to help banks serve unbanked consumers. ICBA will join the Milken Institute and Sunrise Banks on team iLluMInate.

In separate events, Securities and Exchange Chairman Gary Gensler and Acting Comptroller of the Currency Michael Hsu discussed efforts underway to adapt to the digitization of banking and finance.

Agency heads from the FDIC, OCC, and the NCUA provided a state of the industry update during testimony before the Senate Banking Committee yesterday.

ICBA and other groups requested a 30-day comment extension on proposed interagency guidance designed to help banks manage risks associated with third-party relationships, including with fintechs.