Licenses and charters

Will multistate licensing plan be enough to woo fintechs?


Fintech firms and industry watchers hope the pilot program will help fix a balkanized chartering system, but getting enough states on board to expand the plan's reach could be a challenge.


Lawmakers struggle to find right balance on fintech policy


The House Financial Services Committee held a hearing Tuesday on the fintech industry as Congress is still beginning the conversation about what a legislative approach should look like.


House lawmakers poised to ease loan officer licensing rules


The House Financial Services Committee was expected to approve a bill as early as Wednesday that amends key provisions of the Secure and Fair Enforcement for Mortgage Licensing Act of 2008.


The key policy questions facing Trump's FDIC pick


The nomination of Jelena McWilliams to chair the Federal Deposit Insurance Corp. moves the Trump administration one step closer to completing its team of regulatory appointments in its push to undo former President Obama's post-crisis policies.


Regulators must finish the job of penalizing Wells Fargo


The most immediate threat to the safeguards underpinning a well-functioning banking sector involves the failure of regulators to hold banks accountable.


Warren, Van Hollen probe Bank of Tokyo's switch to national bank


Sens. Elizabeth Warren, D-Mass., and Chris Van Hollen, D-Md., sent a letter to OCC officials suggesting that Bank of Tokyo was trying to avoid an investigation by New York examiners when it switched to a federal charter.


Noreika’s impact on OCC transcended his ‘acting’ title


Acting Comptroller of the Currency Keith Noreika has been the ultimate disruptor, bucking the normally low-key profile of interim regulators.


Streamline application process to spur new banks: OCC’s Noreika


While increasing de novo activity is encouraging, the processes of chartering a bank and applying for deposit insurance are more onerous, lengthy and costly than they need to be.


Fears of commercially owned banks are unfounded: OCC's Noreika


Acting Comptroller of the Currency Keith Noreika pushed back against concerns that his agency's proposed fintech charter will unduly benefit nonfinancial firms.


Lawmakers stay clear of ILC charter debate … for now


Few lawmakers have stated positions on fintech applications for industrial loan company charters. It may not stay that way.