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A year-old data breach, which earned the company an $80 million OCC penalty this week, continues to offer lessons to banks as they put more sensitive information in the hands of cloud vendors.
August 7 -
At its inaugural hearing, the committee appointed by lawmakers to oversee CARES Act implementation pressed for answers about why the Main Street Lending Program is off to such a slow start.
August 7 -
The deal is said to be well-suited to the coronavirus era, when in-person transactions have been limited by social distancing and other factors.
August 7 -
Why banks want in on Google checking accounts; readying new tech tools to tackle anticipated rise in delinquencies; more institutions opt to sell PPP loans as heavy lifting nears; and more from this week’s most-read stories.
August 7 -
Cypress Trust Co. has requested deposit insurance from the Federal Deposit Insurance Corp.
August 7 -
As more consumers do business online, some deposits are being unfairly categorized as brokered, inviting burdensome regulatory scrutiny.
August 7
American Bankers Association -
Video games provide a rare escape to locked-down consumers, and many modern games are so sophisticated that they support their own digital storefronts — with the potential for real-world losses if fraudsters find a way in.
August 7 -
Prior to the merger, First Castle was the nation's second-oldest existing federally chartered credit union.
August 7 -
The regulator announced in June it would use call report data from before the crisis to calculate bank assessment fees in September, a one-time change.
August 7 -
Robotic Process Automation and other cognitive automation tools can handle repetitive manual tasks such as processing data from websites and other applications says Kofax's Wendy St. Clair.
August 7
Kofax



![“Why [have] relatively few borrowers ... participated in this program?” said Sen. Pat Toomey, R-Pa. He added that he was interested in knowing "why it appears not to have a tremendous amount of demand."](https://arizent.brightspotcdn.com/dims4/default/8ddebb8/2147483647/strip/true/crop/5441x3061+0+283/resize/1280x720!/quality/90/?url=https%3A%2F%2Fsource-media-brightspot.s3.us-east-1.amazonaws.com%2Ffa%2F0d%2F81c080b543599e2611e02a1cf8cb%2Ftoomey-pat-bl-080720.jpg)








