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10/2/2024

FDIC Proposes Enhanced Recordkeeping Requirements for Custodial Accounts

The Federal Deposit Insurance Corporation (FDIC) is proposing new requirements to strengthen recordkeeping for custodial deposit accounts with transactional features, aiming to improve deposit insurance determinations and consumer protection benefits, such as timely access to funds in the event of an institution's failure.

10/1/2024

CodeFest Competition Submissions Nearly Double

The CodeFest competition has seen a significant increase in submissions, with 120 participants from 33 countries, leaving the jury with a substantial number of projects to review and deliberate on.