OCC Fintech Charter: Assessing the Opposition and Looking Ahead to Possible Next Steps for the OCC
  • 03/06/2019
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OCC Fintech Charter: Assessing the Opposition and Looking Ahead to Possible Next Steps for the OCC

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Descripción de OCC Fintech Charter: Assessing the Opposition and Looking Ahead to Possible Next Steps for the OCC

Opposition from state regulators to the OCC’s decision to issue special purpose national bank (or fintech) charters continues to be vigorous. In this podcast, we review the charter’s potential benefits, assess the legal arguments made by its opponents, discuss the federal court decision refusing to dismiss the NY banking regulator’s lawsuit, why we think it’s incorrect, and possible next steps for the OCC, and look at fintech charter alternatives.

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banks consumer financial national special

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