OC&C

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.  The rule would guarantee that...

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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. Since then, the...

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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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OCC: Banks Face Higher Compliance Risks Due To Pandemic
OCC: Banks Face Higher Compliance Risks Due To Pandemic
July 01, 2020  |  Regulation

The pandemic has heightened risks for pretty much everyone, including U.S. banks. The Office of the Comptroller of the Currency (OCC) said in a report this...

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OCC: Lockdowns Could Challenge Stability Of Banking System
OCC: Lockdowns Could Challenge Stability Of Banking System
June 02, 2020  |  Economy

Brian P. Brooks, Acting Comptroller of the Currency, said in a series of letters that some states’ long-term efforts to curb the coronavirus could lead...

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OCC’s Otting To Step Down
OCC’s Otting To Step Down
May 21, 2020  |  Personnel

Comptroller of the Currency Joseph Otting will step down from his post on May 29, according to a press release. “I am extremely proud of...

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Wells Faces Continued Scrutiny After Scandals
Wells Faces Continued Scrutiny After Scandals
January 24, 2020  |  Bank Regulation

Wells Fargo’s woes, which began in earnest in 2016 when a scandal involving millions of fake accounts created to boost numbers came to light, are...

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