|
|
Article: In Brief: Aggregation Risk Guidelines from OCC.(Office of the Comptroller of the Currency)(Brief Article)
- Article from:
- American Banker
- Article date:
- March 5, 2001
- Author:
CopyrightCOPYRIGHT 2001 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
The Office of the Comptroller of the Currency issued guidelines Friday for banks in the account aggregation business.
"Safety and soundness are of paramount importance" when delivering aggregation services, Clifford Wilke, the agency's bank technology director, said in an accompanying press statement.
Consumers use aggregation services to track all of their financial accounts on one Web site. The service provider gathers information, including confidential ...