As financial institutions modernize, data portability has become a crucial strategy for unlocking operational efficiency and enabling regulatory compliance.

The Consumer Financial Protection Bureau throws itself into the mix of regulators cracking down on third-party partnerships.

Regulators want information about fintech partnerships because they see several risks stemming from partnership-related growth.

Smaller financial institutions with cloud contract and security issues can now leverage resources and guides published by regulators.

Setting standards is a critical challenge for CFPB’s open banking rule.

The proliferation of technology providers and fintech partners has complicated information technology and information security practices at banks, according to an analysis of recent enforcement actions.

In the second in a series of articles on enforcement actions, Bank Director explores regulatory expectations for third-party partnerships.

Regulators are finding Bank Secrecy Act and anti-money laundering compliance deficiencies after banks have added new technology capabilities or complex partnerships.

Acting Comptroller of the Currency Michael Hsu says fraud is a primary challenge with instant payments and shares his philosophical take on bank regulation.

New rules require better cyber-incident responses, faster reports, and enhanced cybersecurity policies and testing.