OCC Getting Closer to Decision on Proposed Charter for Fintech

OCC Getting Closer to Decision on Proposed Charter for Fintech

← Previous Article Next Article → For nearly a year and half, the Office of the Comptroller of the Currency has been exploring the possibility of extending a special purpose national bank charter to fintech companies like online lenders. During a press call...
Biggest Change to Bank Rules Since Dodd-Frank Becomes Law

Biggest Change to Bank Rules Since Dodd-Frank Becomes Law

← Previous Article Next Article → Last week, the House passed a bill to weaken the Dodd-Frank banking regulations adopted in 2010, largely in response to the 2008 financial crisis. Two days later, President Trump signed the rollback into law. After the...
OCC Says Banks Can Offer Short-Term Loans

OCC Says Banks Can Offer Short-Term Loans

← Previous Article Next Article → Yesterday, in a bulletin titled “Core Lending Principles for Short-Term, Small-Dollar Installment Lending,” the Office of the Comptroller of the Currency (OCC) announced a new policy on short-term, small-dollar loans, which...

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