Office of the Comptroller of the Currency

Capital One Expects Discover Acquisition to Close May 18 After Gaining Approvals
Capital One Expects Discover Acquisition to Close May 18 After Gaining Approvals
April 18, 2025  |  Acquisitions

Capital One and Discover Financial Services said Friday (April 18) that they have received all required regulatory approvals to complete Capital One’s proposed acquisition of...

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OCC Combines Supervision Activities and Elevates Information Technology and Security
OCC Combines Supervision Activities and Elevates Information Technology and Security
April 16, 2025  |  Bank Regulation

The Office of the Comptroller of the Currency (OCC) said Wednesday (April 16) that it will combine some of its supervision activities; blend its risk...

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Report: OCC Hack Prompts Information Sharing Limits From Big Banks
Report: OCC Hack Prompts Information Sharing Limits From Big Banks
April 14, 2025  |  Bank Regulation

A Bloomberg report released late Monday (April 14) says that JPMorgan Chase and Bank of New York Mellon have scaled back electronic information sharing with...

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OCC Notifies Congress of ‘Major Security Incident’ Involving Email Access
OCC Notifies Congress of ‘Major Security Incident’ Involving Email Access
April 08, 2025  |  Cybersecurity

The Office of the Comptroller of the Currency (OCC) said Tuesday (April 8) that it notified Congress of a “major security incident” in which there...

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OCC’s Hood Sees Value in Using Alternative Data to Expand Credit Access
OCC’s Hood Sees Value in Using Alternative Data to Expand Credit Access
March 31, 2025  |  credit frictions

On Monday (March 31), PYMNTS Intelligence reported that for impulse and emergency purchases alike, a sizable segment of consumers are slightly more likely to pay with...

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Report: Treasury Department Seeks More Control Over FDIC and OCC
Report: Treasury Department Seeks More Control Over FDIC and OCC
March 24, 2025  |  Bank Regulation

The Treasury Department is reportedly drafting recommendations that would streamline other banking regulators and give the department more control over them. Treasury began drafting these...

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OCC Says Reputation Risk No Biggie for Banks, But Trust Still Underpins B2B
OCC Says Reputation Risk No Biggie for Banks, But Trust Still Underpins B2B
March 21, 2025  |  B2B Payments

All the digital innovation in the world doesn’t change the fact that trust, transparency and perceived risk ultimately form the backbone of B2B payments. Still,...

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The Payment Professional’s Key Takeaways From Trump’s Crypto Summit
The Payment Professional’s Key Takeaways From Trump’s Crypto Summit
March 11, 2025  |  Cryptocurrency

Was the White House’s Crypto Summit Friday (March 7) a landmark occasion? Or was it a missed opportunity for the sector and the United States?...

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OCC Says Banks Can Hold Crypto, but Should They?
OCC Says Banks Can Hold Crypto, but Should They?
March 10, 2025  |  Cryptocurrency

Blockchain and banking have, since the former’s inception, operated almost entirely at odds. Cryptocurrencies, after all, were invented as a decentralized method to store value,...

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