Daily Fintech Conversations

XBRL: scrapping quarterlies, explaining AI and low latency reporting

Originally published at: https://dailyfintech.com/2020/07/02/xbrl-scrapping-quarterlies-explaining-ai-and-low-latency-reporting/

Here is our pick of the 3 most important XBRL news stories this week. 1 FDIC considers scrapping quarterly bank reports The Federal Deposit Insurance Corp. is moving to boost the way it monitors for risks at thousands of U.S. banks, potentially scrapping quarterly reports that have been a fixture of oversight for more than…