- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Joe Mont2016-12-05T12:45:00
The Office of the Comptroller of the Currency will consider applications from financial technology (FinTech) companies to become special purpose national banks. Charters would come with heightened risk management and liquidity requirements.
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2018-08-01T12:00:00Z By Jaclyn Jaeger
In separate developments announced July 31, the U.S. Department of Treasury and the Office of the Comptroller of the Currency paved the way for FinTech firms and other non-banks to more easily compete with traditional banks. Once again, opponents are threatening legal action.
2018-02-06T09:30:00Z By Joe Mont
As FinTech services proliferate, state and federal regulators are considering how to create a simpler set of rules, but progress has been slow.
2017-09-19T10:00:00Z By Joe Mont
Many FinTech firms concede that regulation may provide a needed imprint of safety and security. A new plan calls for a singular regulatory point of contact.
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