Is your bank contemplating a new project to obtain strategic IT capabilities? Don’t know where to start? Weighing the pros and cons of IT outsourcing can be stressful.
Use this interactive quiz to evaluate your bank’s unique circumstances, the risks and regulatory requirements, and balance these considerations against the advantages of outsourcing your key IT capabilities.
Additional information is available in the IT Outsourcing white paper.
A community bank’s core processor should be a strategic partner that supports the bank’s long-term business objectives. The ICBA Core Processor Resource Guide will help community banks with some of the more important aspects of managing this relationship to maximize the return on their technology investments.
Is your bank contemplating a new project to obtain strategic IT capabilities? Don’t know where to start? Visit our technology advocacy page for useful resources and documents.
|Joint Trades Letter Opposing SJ Res 15 True Lender||117th Congress||05/06/21|
|Requst to Extend AI Request for Information||FDIC, OCC, Fed, CFPB, NCUA||04/22/21|
|Letter to Agency Innovation Offices||CFPB, FDIC, Fed, OCC||03/08/21|
|Response to First Blockchain Bank & Trust, N.A.'s Application for National Bank Charter||OCC||03/02/21|
|Joint Letter on OCC Interpretative Letter 1176||OCC||02/12/21|
|Joint Letter on OCC Trust Charter Applications||OCC||01/08/21|
|Comments on Convertible Virtual Currency Requirements||FinCEN||01/04/21|
|Comment Letter to the OCC concerning Figure Bank||OCC||12/07/20|
|Joint Request for Charter Comment Period Extensions||OCC||11/20/20|
|Hill Payments Charter Letter||116th Congress||10/15/20|
|Comment Letter Regarding Application of Kraken Financial for Access to Federal Reserve System Services||Fed||10/05/20|
|Hill Payments Charter Letter 9.29||U.S. House Task Force on Financial Technology||09/29/20|
|ICBA Response to FDIC Request for Information||FDIC||09/22/20|
|Advance Notice of Proposed Rulemaking||OCC||08/04/20|
|Joint Industry Letter Regarding COVID Calls||FCC||05/22/20|
|ICBAs Ex Parte Regarding CG Docket No. 02-278||FCC||04/20/20|
|ABA Joint Trades Petition Emergency Purposes Exception||FCC||03/31/20|
|Comments on Proposed Tech Sprints||CFPB||11/08/19|
|Support for Innovation Competition Proposal||FDIC||08/26/19|
|Comments on Innovation Pilot Program||OCC||06/13/19|
|Comments on No-Action Letters and Product Sandboxes||CFPB||02/11/19|
|Comment Letter on Square’s Refiled Deposit-Insurance Application||FDIC||01/18/19|
|Support for Remarks on Fintech and the New Financial Landscape||FDIC||12/11/18|
|Comment Letter on Telephone Consumer Protection Act Interpretation||Federal Communications Commission||10/24/18|
|ICBA Comments on Telephone Consumer Protection Act Interpretation||Federal Communication Commission||06/13/18|
|Support for FCC Reassigned Numbers Database||Federal Communications Commission||06/07/18|
ICBA and other groups asked the OCC to rescind an interpretive letter expanding eligibility to apply for a national trust charter as well as the conditional charter approvals for Anchorage Digital Bank and Protego Trust Bank.
Background: The OCC last month published Interpretive Letter 1176, which effectively eliminated the longstanding requirement that applicants for national bank trust charters engage in fiduciary activities. The OCC made the change without public review three days before the resignation of Acting Comptroller of the Currency Brian Brooks, allowing for the Anchorage and Protego conversions.
ICBA Position: Citing the Biden administration's regulatory freeze, the joint letter urges the OCC to reconsider the policy shift and ensure changes in its charter eligibility requirements are subject to the conventional rulemaking process.
|ICBA Summary of CFPB Proposals on No-Action Letters and Product Sandboxes||01/15/19|
|ICBA Guidelines for Responding to ADA Demand Letters (Members Only)||11/18/16|
|ICBA Statement for True Lender Hearing||Committee on Banking, Housing and Urban Affairs||ICBA||04/28/21|
|ICBA Statement for HFSC Fintech Hearing 9-29-2020||HSFC||09/29/20|
|Fintech: The Community Bank Perspective||Senate Banking Committee||Written Statement||09/18/18|
|Hearing: Examining the Fintech Landscape||Senate Banking, Housing, and Urban Affairs Committee||Written Statement||09/12/17|