OCC’s Otting: Fintech charter will see the light of day

https://bankinnovation.net/allposts/operations/comp-reg/occs-otting-fintech-charter-will-see-the-light-of-day/
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Despite a recent legal challenge, Comptroller of the Currency Joseph Otting said the regulator will continue to advocate for passage of the OCC’s special purpose fintech charter. At the RegTech 2019 conference in New York on Tuesday, he reiterated the case for having nonbanks that offer banking services under regulatory oversight. “We started to pursue …Read More

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https://bankinnovation.net/allposts/operations/comp-reg/occs-otting-fintech-charter-will-see-the-light-of-day/