Fintech regulations

Acting Comptroller of the Currency Keith Noreika made it clear that he supports the creation of a federal charter for fintech firms while also arguing that abusive lending happens at state-chartered firms, not national banks.

While some policymakers are open to accommodating fintech companies with looser oversight compared with banks, the New York State superintendent is unapologetic about her tough approach.

Readers slam credit unions’ ever-inclusive membership criteria, weigh in on the OCC’s proposed fintech charter, encourage a rewrite of the CRA, and more.

Observers see recent comments by acting Comptroller of the Currency Keith Noreika as a sign that the agency may plow ahead on its policy for fintech firms.

Payment companies have lots of emerging regulations. Regtech can bring together different stakeholders to ease compliance.

Online lenders are evading New York regulations by claiming their loans are “made” by federally chartered or out-of-state partner banks, Department of Financial Services Superintendent Maria Vullo told lawmakers Monday.

The Commodity Futures Trading Commission has launched an office dedicated to exploring fintech issues, the agency’s head announced Wednesday.

The deposit insurer has stayed out of the debate over how to regulate the online lending industry. But that may be about to change.

New York’s banking regulator on Friday filed its own individual lawsuit against the OCC's fintech charter, asking the courts to block it.

Compliance flexibility, state law harmonization and funding transparency requirements are among the regulatory steps that can encourage continued innovation.

The announcement is the latest in a series of steps states are taking to make their licensing system more attractive to fintech companies.

The Conference of State Bank Supervisors announced a raft of initiatives on Wednesday designed to make the state licensing system more attractive to fintech companies.

The Office of the Comptroller of the Currency’s fintech charter could provide a workaround to a Dodd-Frank Act provision that slashed preemption for operating subsidiaries.

Acting Comptroller of the Currency Keith Noreika should take some time to assess whether the agency’s fintech charter is developing in a way that best serves the public.

The Trump administration’s formal ouster of Comptroller of the Currency Thomas Curry has set in motion a sea change atop financial regulatory agencies that will likely unfold slowly over the next year.

American Banker's Rob Blackwell and Marc Hochstein discuss the pushback from state regulators and consumer advocates against the OCC's proposed charter; Chris Skinner and Jim Marous hold forth on fintech.

Banking is not a “static” business, and must be allowed to evolve, Comptroller of the Currency Thomas Curry said Friday.

Readers weigh in on Wells Fargo investors reelecting state regulators suing the OCC, Wells Fargo's annual meeting, ultralow interest rates and more.

The Conference of State Bank Supervisors has sued the OCC before the agency has finalized the requirements for a fintech charter, fueling speculation state regulators are trying to delay deployment or scare away potential applicants.

The Conference of State Bank Supervisors is suing the Office of the Comptroller of the Currency, arguing it lacks the legal power to create a fintech charter.