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The Road Ahead for Open Banking in the US

USA - July 27 2021 A new Executive Order could help open the door for the portability of consumer financial data. Definitive regulation for open banking may be on the…

Deric M. Behar

Banks Can Hold Stablecoin Reserves, OCC States in Crypto-Friendly Letter

USA - September 25 2020 The US OCC allows banks, with certain restrictions, to hold assets in reserve for stablecoin issuers…

Alan W Avery, Todd Beauchamp, Deric M. Behar, Loyal T. Horsley, Pia Naib, Stephen P. Wink

A Path Forward for Open Banking

European Union, United Kingdom, USA - August 21 2020 As third-party access to consumer financial data expands, regulators balance innovation, customer choice, and data protection…

Deric M. Behar, Brett Carr

OCC’s New Comptroller Announces Innovative Fintech Initiatives

USA - July 30 2020 A new Payments Charter could enable entities to engage in payments-related activities on a nationwide basis, rather than by state…

Alan W Avery, Todd Beauchamp, Loyal T. Horsley, Pia Naib

From Safe Deposit Boxes to Cold Wallets, Bank Custody Evolves

USA - July 30 2020 The OCC greenlights bank custody of cryptoassets, opening a significant door to mainstream adoption and innovation…

Alan W Avery, Todd Beauchamp, Deric M. Behar, Loyal T. Horsley, Pia Naib, Yvette D Valdez