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Duties - Banking Exchange
Regulatory body steps up opposition to Biden administration bill
US regulator assesses $250 million penalty and places restriction on bank’s future activities
Public hearing begins looking into three former staffers’ roles in the fake accounts scandal
New tax reporting proposal from Biden administration could undermine trust in the banking system, says the ABA
FDIC, Fed and OCC published updated guidance on fintech work for community banks
Groups claim the legislation would hinder, rather enhance, current efforts toward cybersecurity
Large banks will have capital requirements of up to 13.4%, to ensure their survival in a severe recession and to still be able to lend
Rob Nichols has called on Congress to intervene and cut the number of credit unions buying up banks
Digital banking app will help address unbanked and underbanked population in the US
Several banks including JP Morgan and Bank of America have already come under scrutiny
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Webinar — Leveraging Open Banking Trends to Transform Your Institution

Time/Date: October 5th, 2:00 CT

The concept of open banking is ushering in exciting new possibilities for financial institutions of all sizes, transforming how they do business and driving new revenue opportunities. Join Shane Ferrell, Vice President of Product Strategy and Director of Software Engineering Barkley Hughes as they answer these questions and more: 

• What is open banking, and how does a financial institution take full advantage of this rapidly growing technology?

• What are key areas to look for when considering leveraging a third-party technology or an open banking marketplace?

• What role does FDX play in the future of open banking?


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