OC&C

Top News In Payments: FedEx Officially Launches Sunday Delivery; Uber CEO: Firm Leads In Race To Ridesharing Profitability
Top News In Payments: FedEx Officially Launches Sunday Delivery; Uber CEO: Firm Leads In Race...
January 23, 2020  |  News

In today’s top news, FedEx officially expanded home delivery to include Sundays, Uber’s CEO believes his company is the most likely ride-hailing service to reach...

READ MORE >
Ex-Wells CEO Fined, Banned From Banking For Life
Ex-Wells CEO Fined, Banned From Banking For Life
January 23, 2020  |  Bank Regulation

Former Wells Fargo CEO John Stumpf has been banned from ever working in the banking industry again by the U.S. government, according to a report...

READ MORE >
OCC Prepares Civil Suit Against Former Wells Fargo Executives
OCC Prepares Civil Suit Against Former Wells Fargo Executives
January 23, 2020  |  Security & Fraud

A Wells Fargo regulator is planning to slap former company executives with civil charges associated with their position in its retail banking scandals, people familiar...

READ MORE >
OCC Targets Wells For Loose Pay Controls, Unresolved HR Complaints
OCC Targets Wells For Loose Pay Controls, Unresolved HR Complaints
December 04, 2019  |  Banking

The Office of the Comptroller of the Currency (OCC) has said the Wells Fargo Human Resources (HR) department has a rash of problems, including a...

READ MORE >
Regulators Detail Banking Rules For Hemp Firms
Regulators Detail Banking Rules For Hemp Firms
December 03, 2019  |  Bank Regulation

Four federal agencies, in conjunction with state bank regulators, clarified the legal status of hemp-related businesses and the applicable edicts under the Bank Secrecy Act...

READ MORE >
Court Rules Only ‘Depository Institutions’ Eligible For OCC’s Bank Charters
Court Rules Only ‘Depository Institutions’ Eligible For OCC’s Bank Charters
October 24, 2019  |  Legal

Lights out for the FinTech charter idea? The Office of the Comptroller of the Currency (OCC) debuted a special purpose charter in 2016 that would...

READ MORE >
NY Federal Court Rules OCC Cannot Grant Charters To FinTech Firms
NY Federal Court Rules OCC Cannot Grant Charters To FinTech Firms
October 23, 2019  |  Bank Regulation

New York’s federal district court ruled that the U.S. Office of the Comptroller of the Currency (OCC) does not have the power to grant national...

READ MORE >
Banks Scrapping Regulators For Friendlier OCC Oversight
Banks Scrapping Regulators For Friendlier OCC Oversight
September 17, 2019  |  Bank Regulation

An increased number of banks are swapping their own regulators for oversight by the Office of the Comptroller of the Currency (OCC), The Wall Street...

READ MORE >
Antitrust Concerns, Cryptos In Sharp Regulatory Focus	 
Antitrust Concerns, Cryptos In Sharp Regulatory Focus  
August 05, 2019  |  Regulation

There has been no summer slowdown for regulatory overtures toward technology firms, spanning social media, antitrust concerns and the cryptocurrency arenas. As reported this past...

READ MORE >