FDIC FinTech Office of the Comptroller of the Currency 
Payments Source
DECEMBER 20, 2018
The Office of the Comptroller of the Currency has gotten the ball rolling for financial technology firms trying to operate a national platform, but the FDIC and Federal Reserve should act to remove other policy roadblocks.
Fintech Finance
DECEMBER 9, 2024
Over 50 industry specialists will take the stage at the 15th Nextgen Payments & Regtech Forum in Austin, covering the latest topics and representing leading organisations such as FDIC, FTA, Payall Payment Systems, Inc., Hear directly from influential figures in banks, fintechs, e-commerce, merchants, and government.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
PYMNTS
SEPTEMBER 30, 2020
The House committee held a hearing on the idea after Acting Comptroller of the Currency Brian Brooks in July proposed a new special purpose national banking charter for payments companies. The agency first proposed a special banking charter for FinTechs in 2014 that would limit pushback from the Federal Deposit Insurance Corp.
PYMNTS
DECEMBER 10, 2018
Separately, but still within the scope of efforts from the Federal Reserve and the OCC, along with the FDIC, the agencies last week released a proposal that would increase the threshold of real estate transactions that require appraisal from $250,000 to $400,000. This would be the first boost in 25 years.
PYMNTS
OCTOBER 24, 2019
Lights out for the FinTech charter idea? The Office of the Comptroller of the Currency (OCC) debuted a special purpose charter in 2016 that would have given FinTechs a leg up on competing with traditional financial services companies. Can’t get the charter without FDIC coverage. As reported , the U.S.
The Fintech Times
MARCH 6, 2024
The regulatory tides may be changing in the US, as the Office of the Comptroller of the Currency (OCC) suggests banks should be doing more to manage risks related to partnering with fintech firms.
PYMNTS
AUGUST 7, 2019
Without a regulatory mandate, many in the financial services and FinTech space believe that competition will — and already has — nudged the industry toward embracing data integrations across platforms and service providers in the name of better banking experiences. For instance, in the U.K., Meanwhile, in the U.S., On The Open Banking Path.
Expert insights. Personalized for you.
Let's personalize your content