The last day of the year is normally pretty quiet as far as news goes but LendingClub had two major...
This week the FDIC, OCC, and the Fed produced a 68-page interagency report detailing how banks should manage third-party relationships.
Keith Noreika, the acting Comptroller of the Currency recently signed the first full-service de novo national bank charter since the financial crisis to Winter Park National Bank of Florida; Noreika believes there are still too few new banks and part of the problem is the onerous process; Noreika outlines the lengthy process and discusses his suggested changes in his testimony back in June. Source
Happy New Year everyone. As I do every year at this time I make a few predictions for the year...
The OCC and FDIC issued a joint proposal for the overhaul of the Community Reinvestment Act last month while the...
Sometimes more is more, and sometimes less is more.
In that spirit, we strongly urge you to check out Messari’s Crypto Theses for 2021. It is a mammoth work of 134 pages, covering each and every development in the ecosystem.
If you don’t want to fuss around with the email gate, the direct link is here.
We are going to pick out five things that are interesting to us substantively and provide a view below. By pick out, we mean screenshot and respond.
Yesterday, I attended the second annual Online Lending Policy Summit in Washington DC. It was headlined by the Acting head of the...
The head of the OCC, Joseph Otting, has been personally lobbying big bank CEOs to win support for his plans...
The OCC released data sharing guidelines that have been met with mixed reviews, especially amongst fintechs and data aggregators; “I...
Leading fintech platform, SoFi, has applied for a national bank charter with the OCC; unlike back in 2017 when they...