Due to the regulatory environment in the US digital banking startups have opted to partner with banks to offer banking...
Financial inclusion is a factor considered by the Office of the Comptroller of the Currency (OCC) in all of its banking charters; American Banker discusses how the fintech charter's financial inclusion provisions compare to the Community Reinvestment Act requirements for banks; the new fintech charter would require fintechs to detail how they plan to promote financial inclusion with accountability from the OCC for those goals and more direct OCC enforcement actions for fintech companies. Source
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The OCC Fintech Charter was formally proposed back in December 2016. Along with many other organizations we responded to their...
The new head of the OCC, Joseph Otting, reaffirms the agency’s support of the fintech charter. Source
Happy New Year everyone. As I do every year at this time I make a few predictions for the year...
Otting said Wednesday to reporters that no firms considering the OCC Fintech Charter have mentioned concerns about the Fed standing...
The Office of the Comptroller of the Currency (OCC) has been regulating national banks since the time of Abraham Lincoln....
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