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ABA: The American Bankers Association
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ABA Publishes Staff Analysis on FDIC’s Voluntary Certification Program RFI

ABA on July 22 released a members-only staff analysis on the FDIC’s request for information seeking input on whether a public/private standard-setting and voluntary certification program could be established to support financial institutions’ efforts to implement innovative models, products and services developed by third-party fintech firms.

The agency said it is also considering whether a certification program would support the due diligence process for third-party technology providers, particularly for community banks. For more information, contact ABA’s Krista Shonk.

View the staff analysis Read the RFI