OC&C

Several US States Sue Banking Regulator Over ‘True Lender’ Rule

Several US States Sue Banking Regulator Over ‘True Lender’ Rule
Several US States Sue Banking Regulator Over ‘True Lender’ Rule
January 06, 2021  |  Loans

Washington D.C. joined seven states in suing a bank regulator over a rule they fear could encourage predatory lending by stopping them from leveling state...

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US Currency Comptroller OKs INVNs, Stablecoins For Federal Banks
US Currency Comptroller OKs INVNs, Stablecoins For Federal Banks
January 05, 2021  |  Banking

The U.S. Office of the Comptroller of Currency has stated that national banks and federal savings associations can participate in independent node verification networks (INVNs)...

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OCC’s Brian Brooks: Cryptocurrency Regulation Coming Soon 
OCC’s Brian Brooks: Cryptocurrency Regulation Coming Soon 
December 04, 2020  |  Bitcoin

New U.S. regulations for bitcoin and other cryptocurrencies are being developed and will be rolled out within six to eight weeks, Brian Brooks, acting comptroller...

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FinTech Oportun Seeks US National Bank Charter
FinTech Oportun Seeks US National Bank Charter
November 24, 2020  |  Financial Inclusion

Oportun Financial, which provides “inclusive, affordable” financial services, has applied for a national bank charter with the Office of the Comptroller of the Currency (OCC),...

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Digital Shift Lures More FinTechs To Pursue Banking Licenses
Digital Shift Lures More FinTechs To Pursue Banking Licenses
November 24, 2020  |  Digital-First Banking

As we move through what might be the final stages of the pandemic, as the vaccines may put an end to this public health nightmare,...

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OCC Calls For Equal Access To Banking Services
OCC Calls For Equal Access To Banking Services
November 23, 2020  |  Bank Regulation

The Office of the Comptroller of the Currency (OCC) has proposed personal banking regulations intended to level the playing field.  Get the Full Story Complete...

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Today In Digital-First Banking: OCC Issues Stablecoin Guidance For Banks; Deutsche Bank, PNC Plan Branch Closures
Today In Digital-First Banking: OCC Issues Stablecoin Guidance For Banks; Deutsche Bank, PNC Plan Branch...
September 23, 2020  |  Digital-First Banking

In today’s top news in digital-first banking, the Office of the Comptroller of the Currency (OCC) has issued stablecoin guidance, and Deutsche Bank intends to...

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Varo Awarded FinTech National Charter
Varo Awarded FinTech National Charter
July 31, 2020  |  Digital Banking

Colin Walsh got lots of laughs five years ago when he talked of his intention to launch a financial technology (FinTech) startup. Get the Full...

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Today In Payments: OCC Says Banks Can’t Hide Under Cover Of COVID; Smartphone Demand Slips 16 Pct In China
Today In Payments: OCC Says Banks Can’t Hide Under Cover Of COVID; Smartphone Demand Slips...
July 13, 2020  |  News

In today’s top news, the OCC says bank regulation waivers will not continue indefinitely, and smartphone sales have dropped 16 percent in China. Plus, 80...

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