OC&C

OCC Gearing Up To Publish Position On FinTech Charter
OCC Gearing Up To Publish Position On FinTech Charter
April 10, 2018  |  Regulation

The Office of the Comptroller of the Currency (OCC) is getting ready to release its position on a proposed charter for online lenders and other...

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U.S. Bancorp Hoping For Regulation Lift By End Of Year
U.S. Bancorp Hoping For Regulation Lift By End Of Year
March 07, 2018  |  Regulation

U.S. Bancorp is hopeful that an order issued aimed at getting the bank to strengthen its anti-money laundering efforts will be lifted by the end...

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 Dodd-Frank Looms For Capitol Hill Consideration
 Dodd-Frank Looms For Capitol Hill Consideration
February 26, 2018  |  Regulation

Dodd-Frank no more – or no more “no more” Dodd-Frank? Talk of regulatory reform is normal discourse on the Hill. Sometimes change is afoot, sometimes...

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Missing The Podium Edition: US Bank, SoFi And Bitcoin On Cards
Missing The Podium Edition: US Bank, SoFi And Bitcoin On Cards
February 19, 2018  |  Data Dive

Not everyone gets a trophy, an inevitable truth discovered by the U.S. Olympic team in Pyeongchang — at least so far. It’s not been a standout year for the...

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US Bank Fined $613M For AML Violations
US Bank Fined $613M For AML Violations
February 15, 2018  |  Bank Regulation

U.S. Bank was slapped with a $185 million civil penalty for what the Financial Crimes Enforcement Network (FinCEN), in coordination with the Office of the...

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Rabobank Pays $368M Fine Over Illicit Funds
Rabobank Pays $368M Fine Over Illicit Funds
February 08, 2018  |  Legal

Rabobank, a California unit of the Dutch cooperative, agreed Wednesday (Feb. 7) to turn over $368 million for processing funds that were tied to illicit...

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OCC Chief Praises Mulvaney On Halting Payday Rule
OCC Chief Praises Mulvaney On Halting Payday Rule
February 07, 2018  |  CFPB

After a 45-minute meeting on Tuesday (Feb. 6), Comptroller of the Currency Joseph Otting had nothing but praise for acting Consumer Financial Protection Bureau (CFPB)...

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States Press Regulators To Simplify FinTech Licensing
States Press Regulators To Simplify FinTech Licensing
February 06, 2018  |  Bank Regulation

Reuters reported news on Tuesday that banking regulators from seven states across the United States are working to, as the newswire reported, “streamline” the FinTech reporting...

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Data Dive: The Reworked, Reversed, Reconsidered Edition
Data Dive: The Reworked, Reversed, Reconsidered Edition
January 15, 2018  |  Data Dive

Louis Brandeis, arguably the most quotable judge in the history of the United States Supreme Court, had his doubts about spontaneous acts of brilliance. “There...

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