Payments Source

SEPTEMBER 19, 2018

The Office of the Comptroller of the Currency has been taking the lead on a federal license for fintech firms, but the central bank will decide if such companies can access the payments system and other benefits.

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Payments Source

AUGUST 23, 2017

The Office of the Comptroller of the Currency is seeking to scrap a challenge to its fintech charter by New York’s bank regulator.

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Payments Source

FEBRUARY 16, 2017

Some fintech firms are flatly rejecting the Office of the Comptroller of the Currency's creation of a charter for such firms, citing fears that it will come with too many strings attached.

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Office of the Comptroller of the Currency OCC FinTech Compliance 60

Payments Source

SEPTEMBER 14, 2018

The state's banking regulator and the Conference of State Bank Supervisors are reviving litigation after the Office of the Comptroller of the Currency said it would accept charter applications.

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Office of the Comptroller of the Currency OCC Blocks FinTech 63

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.

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Office of the Comptroller of the Currency OCC Federal Reserve FDIC 62

PYMNTS

NOVEMBER 1, 2020

Acting Comptroller Brian Brooks , speaking on a podcast recently, said banks in the U.S. were exploring ways to adopt crypto after the Office of the Comptroller of the Currency (OCC) made a decision over the summer letting banks provide custody of crypto. UNICAS is a project of U.K.

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Office of the Comptroller of the Currency Bitcoin OCC Accreditation 84

PYMNTS

SEPTEMBER 14, 2018

To challenge the Office of the Comptroller of the Currency (OCC)’s decision to allow online payment companies and lenders to have national bank charters, the top banking regulator in New York is suing the federal government.

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Office of the Comptroller of the Currency OCC FinTech Regulations 69

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.

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Fintech Finance

DECEMBER 9, 2024

Hear directly from influential figures in banks, fintechs, e-commerce, merchants, and government. Discover innovative business models, regulatory insights, and best practices driving the transformation of the finance sector. Morgan Chase & Co.

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Office of the Comptroller of the Currency Financial Crimes BSA Cross-Border Payments 95

PYMNTS

JULY 31, 2020

Colin Walsh got lots of laughs five years ago when he talked of his intention to launch a financial technology (FinTech) startup. On Friday (July 31), the Office of the Comptroller of the Currency (OCC) announced Varo Bank has been granted its full-service national bank charter. “As

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Office of the Comptroller of the Currency OCC Consumer FinTech 69

Finextra

MARCH 18, 2025

The Office of the Comptroller of the Currency (OCC) today announced conditional approval of the application for financial technology (fintech) company SmartBiz Loans to change the business model of CenTrust Bank, N.A., Northbrook, Illinois, upon its acquisition of CenTrust Bank, N.A.

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OCC Office of the Comptroller of the Currency FinTech Technology 52

PYMNTS

NOVEMBER 25, 2020

In today’s top news in digital-first banking, Ukrainian financial institution UKRSIBBANK is collaborating with Sweden-based FinTech upstart Dreams, while Oportun Financial is pursuing a national bank charter with the Office of the Comptroller of the Currency (OCC). Ukrainian Bank Partners With Swedish FinTech.

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Office of the Comptroller of the Currency OCC FinTech Authorization 64

PYMNTS

MAY 6, 2019

The news came Thursday (May 2) that, per a ruling in federal court in New York, the State Department of Financial Services can move forward with a suit that looks to derail national bank charters for FinTech companies. The national licenses would let FinTechs lend money and paychecks to consumers. In the U.K.,

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OCC Office of the Comptroller of the Currency FinTech Rules 66

PYMNTS

SEPTEMBER 18, 2018

Singapore Signs On With FinTech Firms. In Singapore, news came this week that the country will open up its real-time payment system to FinTech firms. The movement to open that FinTech access, said the minister, brings “greater convenience to consumers” as those individuals use their eWallets. In The Middle East.

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Legal Office of the Comptroller of the Currency FinTech eWallet 66

PYMNTS

APRIL 25, 2017

The FinTech industry’s future could depend on the outcome of a fight between the Office of the Comptroller of the Currency (OCC) and states, according to a report in TechCrunch. The charter is optional for FinTechs and is aimed at providing a stamp of approval by the OCC for having good compliance practices.

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OCC Office of the Comptroller of the Currency FinTech Rules 43

PYMNTS

DECEMBER 10, 2018

CoinGeek reports that the Swiss financial regulator (specifically the Federal Council of the Swiss Financial Market Supervisory Authority) last week has put in place rules that would allow FinTech startups to accept public deposits to up to the equivalent of $100 million USD which reflects a bid to increase innovation in the sector.

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Regulations AML Office of the Comptroller of the Currency Money Laundering 69

PYMNTS

OCTOBER 26, 2018

More legal troubles have emerged for the Office of the Comptroller of the Currency (OCC) over its plan to introduce national bank charters for FinTechs, aimed at making it easier for alternative financial services players to do business. State Bank Regs File Suit t o Block OCC’s Bank Charter.

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Cryptocurrency Office of the Comptroller of the Currency Regs OCC 75

PYMNTS

MAY 29, 2017

FinTech has no doubt changed the face of the financial services industry in the U.S., Reports in Reuters on Friday (May 26) explored how industry players are examining the future of financial regulation as FinTech continues its disruption. but experts are beginning to question how it will impact regulation.

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Regulations Office of the Comptroller of the Currency OCC FinTech 53

FICO

DECEMBER 14, 2016

Prediction: Fintechs will not keep acting like carefree start-ups. It’s great being a fintech start-up. The Office of the Comptroller of Currency (OCC) will, for the first time, start granting banking licenses to fintech firms. To gain real legitimacy, fintechs will need to participate in that.

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EMV FinTech Chip Cards Office of the Comptroller of the Currency 80

PYMNTS

SEPTEMBER 17, 2018

The battle over FinTechs and national banking charters is about to get a bit more heated. Or to put it a bit more specifically, the Conference of State Bank Supervisors sued the Office of the Comptroller of the Currency. New York state is suing the United States.

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PYMNTS

SEPTEMBER 25, 2018

24), Enterprise Engineering announced the launch of Ninth Wave, a bank software company designed to bridge financial institutions to FinTechs by facilitating the aggregation and integration of data between two entities. Office of the Comptroller of the Currency (OCC) has reignited that pressure.

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PYMNTS

MARCH 29, 2020

As a potential recession lurks, FinTechs, traditional banks and other financial institutions (FIs) are tightening the reins on loans to small businesses and households with shaky credit, The Wall Street Journal reported Saturday (March 28). Square and On Deck Capital are among the FinTechs planning to follow suit in the coming days.

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PYMNTS

JANUARY 15, 2019

As FinTechs eye growth, and look to gain scale by providing more “mainstream” financial services, might those plans hit a speed bump when it comes to the infrastructure needed to bring products to the masses? As has been reported, the regulators include the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp.,

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Fed Cross-Border FinTech Office of the Comptroller of the Currency 59

PYMNTS

NOVEMBER 28, 2019

The stock-trading startup is voluntarily pulling its bank charter application with the Office of the Comptroller of the Currency, which was submitted earlier this year. Robinhood has announced that it giving up on its plans to become a federally insured bank.

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PYMNTS

FEBRUARY 6, 2018

Reuters reported news on Tuesday that banking regulators from seven states across the United States are working to, as the newswire reported, “streamline” the FinTech reporting process, with an eye on those tech firms having an easier road toward offering their products and services across the nation.

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Office of the Comptroller of the Currency OCC FinTech Non-Bank 47

Finextra

NOVEMBER 24, 2023

The Office of the Comptroller of the Currency's first chief financial technology officer is no longer in place amid revelations that his CV was riddled with falsehoods, including about his former employment at major banks, according to reports.

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Office of the Comptroller of the Currency OCC FinTech Technology 40

PYMNTS

OCTOBER 26, 2018

More legal troubles have emerged for the Office of the Comptroller of the Currency (OCC) over its plan to introduce national bank charters for FinTechs, aimed at making it easier for alternative financial services players to do business. Reports in Reuters on Thursday (Oct.

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Office of the Comptroller of the Currency OCC Regs Blocks 62

PYMNTS

JULY 26, 2017

Treasury’s Office of the Comptroller of the Currency (OCC) has again released its report on top risks facing banks, with its Spring 2017 analysis warning FIs that threats are coming from all angles. While commercial loan growth remained strong in 2016, it is still slower than 2015 levels, the report found, increasing by 2.1

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OCC Office of the Comptroller of the Currency Money Laundering Non-Bank 46

PYMNTS

NOVEMBER 23, 2020

The Office of the Comptroller of the Currency ( OCC ) has proposed personal banking regulations intended to level the playing field. . A PYMNTS study earlier this year shows how the lines are blurring between FinTechs, Big Tech and traditional banks. percent) or PayPal (3.2 percent). .

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OCC Office of the Comptroller of the Currency Risk Assessment Assessments 68

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. Of course there are ways for FinTechs to broaden their services.

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Legal Office of the Comptroller of the Currency OCC FinTech 40

PYMNTS

JUNE 4, 2018

The Consumer Financial Protection Bureau (CFPB) said this past week that it is linking up with the Commodity Futures Trading Commission, eyeing a regulatory sandbox for FinTech firms. The Office of the Comptroller of the Currency (OCC) says that it has warned some financial companies that they should modify lending terms.

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CFPB Consumer Financial Protection Bureau (CFPB) Regs Office of the Comptroller of the Currency 47

Payments Dive

JULY 2, 2025

A few days after the senators’ announcement, the Federal Reserve Board, the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency said they would seek to better address payments fraud. The agencies suggested increased collaboration, more industry education and improved supervision.

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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.

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OCC FinTech Non-Bank Regulations 69

The Paypers

OCTOBER 31, 2016

(The Paypers) The Office of the Comptroller of the Currency (OCC) has released a framework for how it would approach financial technology regulation, ahead of the decision to issue or not a national charter for fintech firms.

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Fintech Finance

OCTOBER 11, 2024

The post TD Bank Group Announces Resolution of AML Investigations appeared first on FF News | Fintech Finance. Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) compliance programs. The Bank and certain of its U.S. AML remediation program.

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PYMNTS

DECEMBER 24, 2020

Office of the Comptroller of the Currency announced that banks could hold reserves on behalf of customers who issue stablecoins — which are, of course, a form of crypto but are pegged to an underlying asset such as a dollar. Over the summer, the U.S. And, of course, the crypto landscape extends well beyond bitcoin.

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Federal Reserve Bitcoin Office of the Comptroller of the Currency Cryptocurrency 103

PYMNTS

SEPTEMBER 13, 2018

banking watchdog the Office of the Comptroller of the Currency (OCC) is facing a lawsuit, adding another setback to its struggling effort to provide FinTechs with national banking licenses. Reports in The Wall Street Journal said on Wednesday (Sept. Reports in The Wall Street Journal said on Wednesday (Sept. ”

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OCC Office of the Comptroller of the Currency FinTech Legal 40