Articles

Results 11 to 15 of 51


Fintech in Brief: OCC Proposes ‘True Lender’ Rule for Bank Fintech Partnership Model

USA - July 22 2020 On July 20, 2020, the Office of the Comptroller of the Currency (OCC) issued a Notice of Proposed Rulemaking (NPR) defining the “true lender” in bank…

Seth P. Berman, William J. Bernat, Thomas J. Curry, Kenneth F. Ehrlich, Joshua E. French, Matthew D. Hanaghan, Daniel W. Hartman, Kate Henry, Meghan E. Kelly, Michael K. Krebs, Blake C. Tyler

Fintech in Brief: FDIC Launches Competition to Modernize Regulatory Reporting

USA - July 2 2020 On June 30, 2020, the Federal Deposit Insurance Corporation (the “FDIC”) announced the start of a rapid prototyping competition among 20 data and…

Seth P. Berman, William J. Bernat, Thomas J. Curry, Kenneth F. Ehrlich, Joshua E. French, Matthew D. Hanaghan, Daniel W. Hartman, Kate Henry, Meghan E. Kelly, Michael K. Krebs, Blake C. Tyler

Fintech in Brief: Acting OCC Comptroller Announces Plans to Release a National Charter for Payments Companies

USA - June 26 2020 On June 25, 2020, Acting Comptroller Brian Brooks announced that the Office of the Comptroller of the Currency (the “OCC”) intends to introduce the…

Seth P. Berman, William J. Bernat, Thomas J. Curry, Kenneth F. Ehrlich, Joshua E. French, Matthew D. Hanaghan, Daniel W. Hartman, Kate Henry, Meghan E. Kelly, Michael K. Krebs, Blake C. Tyler

Fintech in Brief: New Acting OCC Comptroller Continues to Prioritize Innovation as OCC Proposes Rules on Digitizing Banking

USA - June 8 2020 On May 29, 2020, Joseph Otting stepped down as Comptroller of the Currency, and Brian Brooks was named Acting Comptroller. In his opening remarks…

Seth P. Berman, William J. Bernat, Thomas J. Curry, Kenneth F. Ehrlich, Joshua E. French, Matthew D. Hanaghan, Daniel W. Hartman, Kate Henry, Meghan E. Kelly, Michael K. Krebs, Blake C. Tyler

Fintech in Brief: OCC Issues Final ‘Valid When Made’ Rule on Permissible Interest on Transferred Loan

USA - June 2 2020 On May 29, 2020, the Office of the Comptroller of the Currency (the “OCC”) issued a final rule (the “Rule”) confirming the validity of interest rates…

Seth P. Berman, William J. Bernat, Thomas J. Curry, Kenneth F. Ehrlich, Joshua E. French, Matthew D. Hanaghan, Daniel W. Hartman, Kate Henry, Meghan E. Kelly, Michael K. Krebs, Blake C. Tyler