Items include
- 1 Podcasts
- 20 BID Newsletters
cryptocurrencies
Podcasts
Apr 11, 2023
Podcast about the different types of digital assets, current regulation as well as thoughts on what could be next. We also explore blockchain technology with a look at current and potential uses related to banking.
Oct 16, 2024
While the number of fraud complaints related to cryptocurrency schemes is still small compared to all complaints, the dollar losses have skyrocketed, eclipsing all other types of financial fraud losses.
Dec 12, 2017
Central banks, including @Federal Reserve, are looking at possible cryptocurrency opportunities. An update on their progress and thinking.
Nov 16, 2018
Tokenization is a fairly new word for bankers. But, with the velocity of digital commerce and real-time payments, it is important to understand.
Oct 10, 2018
Digital wallets, where cryptocurrency sits, and the exchanges on which they can be traded, present vulnerabilities that have already publicly been exploited. What can your bank do to stay safe?
Feb 24, 2022
Outgoing FDIC Madam Chairman Jelena McWilliams recently discussed several milestones from her time at the FDIC on a webcast with the Bipartisan Policy Center. A few of her reflections were related to redefining loan modifications during the pandemic and establishing FDITECH. Let’s explore this progress and several other areas too.
Dec 22, 2021
Cryptocurrencies continue to impact the financial industry. Some traditional financial institutions are more game than others to test the waters. But, one thing seems clear — cryptocurrencies are here to stay. We provide you with the latest update, including results seen at a community financial institution and the latest in regulatory guidance.
May 20, 2021
Cryptocurrencies are growing in interest and several players in the financial industry are jumping in. Currently, 21.2MM US adults own cryptocurrencies. This updated primer on digital currencies explores currency owners, industry players, benefits to community financial institutions, and mitigating the risks.
Sep 28, 2020
The OCC recently gave banks the go-ahead to provide cryptocurrency custody services. We provide you with some considerations before you do.
Oct 9, 2018
One way to track whether and when it's safe to hook on to blockchain is by monitoring the regulatory and legal world. We provide you with some of the latest activities here.
Jun 9, 2022
As adoption of cryptocurrencies grows, cryptofinance and crypto lending are extending their reach and proving alluring to some borrowers and lenders alike. We give you an overview of this developing trend — certainly one for community financial institutions to watch.
Jul 13, 2021
According to PR Newswire, digital currency’s global market will grow by a compound annual growth rate of 3.5% between 2021-2026. While private digital currency adoption has surged, governments are taking note of this market and exploring central digital currencies. We provide you with the developments along with five steps to take in preparation of digital currencies.
Oct 19, 2021
The tech giants have been expanding into the financial industry in various ways. Previously, Facebook tried its hand at cryptocurrency with Libra, which was shot down by the regulators and dismissed by investors. Now, Facebook returns with USD-backed Diem, which is issued through Silvergate Bank. What does this mean for the payments industry and community financial institutions specifically?
Jun 8, 2018
Some central banks are testing the use of their own cryptocurrencies in some form. We provide you with an update.
Jan 6, 2021
How are financial institutions spending their technology dollars in 2021? Some of the areas include digital advancements, AI, digital currencies, and cybersecurity.
May 18, 2022
Blockchain technology promises many benefits to financial institutions, as they adapt to meet changing customer and stakeholder expectations, as well as regulatory requirements. Some experts argue that, while there are still many logistical challenges to overcome, blockchain has the potential to completely revolutionize the future of finance. We look at four applications of this technology that may be advantageous to community financial institutions in the future.
Mar 9, 2022
Cryptocurrencies have been around since 2009 and their popularity is growing. Not only are fintechs and neobanks providing these services to their customers, but so are community financial institutions. In a recent study, nearly 30% of community banks said they were very likely or extremely likely to add crypt services this year. Still, risks remain and regulatory guidance is evolving.
Nov 19, 2021
Coinstar machines have started offering bitcoin as an option for coin exchange. This move provides greater access for cryptocurrency aficionados and even gives users the option to send and store money. Coinstar and other cryptocurrency ATMs are mainstreaming bitcoin. As financial institutions are taking notice, we will explore the latest on cryptocurrency exchange machines and crypto banking.
Jun 28, 2019
Some banks are crypto-friendly these days. We provide a few examples. Yet, banks that accept cryptocurrency-sourced deposits need to be especially vigilant around AML rules.
Jul 16, 2019
The FDIC noted in April that it's seeing gaps in banks' vendor contracts. We provide you with some important reminders to stay compliant.
Feb 14, 2018
Over a quarter of surveyed millennials said they would choose Bitcoin as an investment over stocks. How to talk to your millennials about cryptocurrencies.