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OCC

FintechUSA
·Jul. 30, 2020

Banks and Credit Unions Warn OCC on Payments Charter

Trade groups that work on behalf of banks and credit unions warned the Office of the Comptroller of the Currency...
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FintechUSA
·Jul. 23, 2020

OCC Lets Banks Hold Crypto Assets

A letter from the Office of the Comptroller of the Currency stated that bank custody services, which have long been...
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FintechUSA
·Jul. 17, 2020

Empty Bank Branches Do Not Help a Community

Any form of modernization of the Community Reinvestment Act must have measurable analysis of community value at the foundation, according...
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FintechUSA
·Jul. 10, 2020

SoFi Applies for a National Bank Charter

Leading fintech platform, SoFi, has applied for a national bank charter with the OCC; unlike back in 2017 when they...
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FintechUSA
·Jun. 29, 2020

How the FDIC and OCC View the Future of Digital Banking

Financial Health Network CEO Jennifer Tescher hosted a panel featuring Federal Deposit Insurance Corp. Chairman Jelena McWilliams and acting Comptroller...
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Asia/PacEuropeFintechNews RoundupUSA
·Jul. 30, 2020

More News for July 30, 2020

Banks call on Congress to freeze new ILC approvals How the pandemic is propelling Zelle With Robinhood’s UK launch delayed,...
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FintechUSA
·Jul. 21, 2020

The OCC Proposes True Lender Rule

The acting head of the OCC, Brian Brooks, has openly discussed his support for clarity on the ”true lender” rule;...
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FintechUSA
·Jul. 13, 2020

OCC Helps to Launch Financial Inclusion Project for Consumers and SMBs

The Office of the Comptroller of the Currency (OCC) has introduced a new initiative to promote greater financial inclusion amongst...
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News Roundup
·Jul. 9, 2020

SoFi Applies for a National Bank Charter

SoFi has become the latest fintech to apply for a full national bank charter. They filed a de novo bank...
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FintechUSA
·Jun. 23, 2020

Former OCC Head Says Non-Banks Should be Included in CRA

Speaking with American Banker the former Comptroller of the Currency, Eugene Ludwig, says that because non-bank lenders are considerably larger...
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