The Office of the Comptroller of the Currency's (OCC) third semiannual Risk perspective report, released Tuesday, cites cyber threats as the fastest-growing risk to banks, amid other concerns that banks are stretching themselves too thin in an attempt to recoup lost profits.
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The ATM Industry Association's recent survey of 176 people within the ATM industry found that about 55 percent of respondents expect mobile transactions at ATMs to become the fastest-growing service in the next few years.
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Federal Reserve data shows that U.S. banks have returned billions of dollars in unrealized gains on their available for sale securities portfolios during the bond market rout of recent months.
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