Office of the Comptroller of the Currency

Financial Regulators Face Deepest Personnel Cuts in Decades
Financial Regulators Face Deepest Personnel Cuts in Decades
May 07, 2025  |  Regulation

Three financial regulators are scrambling following the President Donald Trump administration’s latest round of personnel cuts. Over 2,300 staffers across the Federal Deposit Insurance Corp.,...

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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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