The Federal Deposit Insurance Corp. on Tuesday proposed a new rule forcing banks to keep detailed records for customers of fintech apps after the failure of tech firm Synapse resulted in thousands of ...

Affluent Americans may want to double-check how much of their bank deposits are protected by government-backed insurance. New rules implemented last month capped what the Federal Deposit Insurance ...

FDIC insurance protects up to $250,000 per depositor, per bank, per ownership category, leaving balances above that limit uninsured if a bank fails. While bank failures are rare, they can spike during ...

The board of the Federal Deposit Insurance Corp. Monday voted to issue a proposed rule to supersede a Biden-era statement of policy applying heightened scrutiny on bank mergers and withdrew several ...

The Federal Deposit Insurance Corp. (FDIC) is expected to propose new rules impacting For Benefit Of (FBO) accounts which will affect the neobanking sector. According to a report by Bloomberg, the ...

FDIC proposes banks identify beneficial owners of fintech accounts Synapse Financial's bankruptcy led to freezing of thousands of accounts DOJ withdraws 1995 bank merger guidelines in favor of broader ...

Federal Deposit Insurance Corporation Chairman Travis Hill says he "fully" disagrees with Federal Reserve Governor Michael ...

The Federal Deposit Insurance Corporation (FDIC) has proposed significant revisions to its application procedures for banks seeking to establish a branch or relocate a main office or branch, marking a ...

Forbes contributors publish independent expert analyses and insights. Alonzo Martinez reports on employment laws and trends in HR tech. The revised FDIC Section 19 regulations represent a significant ...