(Reuters) – The Federal Deposit Insurance coverage Company has began to straight monitor financial-technology firms that associate with banks throughout the U.S., Bloomberg Information reported on Wednesday.
The fintech monitoring system will assist FDIC examiners anticipate potential vulnerabilities earlier than they change into an issue for banks, the report added, citing individuals acquainted with the regulator’s supervisory operations.
A single ticket-holder might win the largest lottery prize the UK has ever seen in…
Elon Musk posted in February that he liked his president, patron and private buddy, "as…
The US economic system noticed a slowdown in hiring however no leap in unemployment final…
Directors are on standby to deal with the collapse of the UK arm of Builder.ai,…
The proprietor of SlimFast has kicked off a sale of the burden loss model after…
A former McKinsey boss is among the many candidates being thought-about to interchange Sir Mark…