Compliance FDIC User Experience 
Perficient
OCTOBER 31, 2024
The Federal Deposit Insurance Corporation (“FDIC”) recently announced that it is providing financial institutions additional time to get new process and systems in place by extending the compliance date for the new FDIC signage and advertising rule (Part 328, subpart A) from January 1, 2025, to May 1, 2025.
Perficient
OCTOBER 1, 2024
Just before Christmas in 2023, December 23, 2023, to be precise, the Federal Deposit Insurance Corporation (“FDIC”) Board of Directors gave a Christmas gift that was the equivalent of coal in their stocking. Banks will also be required to display the FDIC official digital sign on certain automated teller machines.
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PYMNTS
JULY 22, 2020
Brex , the San Francisco financial technology startup, is offering FDIC insurance on its no-fee cash management account, the company announced Wednesday (July 22). The new feature in Brex Cash allows customers the choice to hold cash savings with FDIC insurance, or invest in Money Market Funds.
Perficient
JANUARY 25, 2023
User experience. According to the Federal Deposit Insurance Corporation (FDIC), in 2000, there were 8,000 commercial banks in the United States, but as of March 2022, that number had dwindled to 4,194 operating physical bank branches. They want applications to be able to grow and progress alongside their growth and progression.
PYMNTS
JULY 15, 2020
With Paxos Crypto Brokerage, companies can leverage our expertise and regulatory compliance to easily and securely integrate crypto into their applications. Paxos will hold crypto assets for Revolut’s users in the U.S., while enabling Revolut to control “the user experience” and manage its “customer relationships.”
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