Fintech regulations

Four U.S. regulators join global innovation network

10/24/19

The Federal Deposit Insurance Corp., Office of the Comptroller of the Currency, Commodity Futures Trading Commission, and the Securities and Exchange Commision announced Thursday they had joined the Global Financial Innovation Network.

[more]

OCC loses fintech charter case; Zuckerberg to defend Libra

10/23/19

A federal judge says the agency can’t issue national bank charters to fintechs; Facebook’s CEO will state his case at a House hearing.

[more]

Banking charter remains a long way off for fintechs after court ruling

10/22/19

A regulatory cloud still follows fintech companies following a judge's decision throwing out the Office of the Comptroller Currency’s special-purpose charter.

[more]

OCC lacks legal power to create fintech charter, court rules

10/21/19

The judge sided with the New York Department of Financial Services, which had sued the OCC over the proposed charter.

[more]

'I don't think we can ignore digital currency'

10/15/19

Banks shouldn't let the legal and regulatory hurdles deter them, attorney Felix Shipkevich says.

[more]

State regulators propose draft language for multistate licensing

10/10/19

The Conference of State Bank Supervisors has proposed creating model payments legislation that states could adopt to improve the state-by-state licensing process.

[more]

Regulators need new approach to innovation

10/04/19

FDIC Chairman Jelena McWilliams reaches out to tech pros to bring fresh ideas to the agency.

[more]

'Litigation threats are destroying innovation': Comments of the week

10/03/19

Readers react to a regulator's promise to reduce regulation that hinders innovation, Sen. Elizabeth Warren's plan to impose heavier taxes on lobby groups, Freddie Mac's exploration into AI and more.

[more]

Regulators can be the glue in bank-fintech partnerships: FDIC chief

10/01/19

Jelena McWilliams told community bankers that policymakers should be a resource for banks trying to adopt new technology.

[more]

The Unsinkable Cathy Bessant: Bank of America's top tech exec takes on AI

09/29/19

She turned around troubled business units, rebounded after a demotion and beat cancer. Now Bank of America’s chief operations and technology officer is taking on her biggest challenge yet: ensuring AI is used responsibly.

[more]