The Federal Deposit Insurance Corporation (FDIC) Board of Directors has approved a proposed rule to amend the regulations related to the display of the FDIC official digital sign and non-deposit signage. The proposal aims to simplify how banks must show these signs on digital deposit-taking channels, including bank websites, mobile applications, ATMs, and similar devices.
These changes are intended to revise requirements that were put in place by a 2023 final rule. That earlier rule established both the FDIC official digital sign and required certain signage for ATMs and digital banking channels. Under the new proposal, display requirements would be focused on screens and pages where such signage is most relevant for consumers.
“Comments on the proposed rule will be accepted for 60 days after publication in the Federal Register,” according to the FDIC.
