Pivoting from concerns and risks around financial technology innovation in the banking system, the U.S. Comptroller of the Currency said the agency will roll out a new framework for regulating marketplace lending. Comptroller Thomas Curry, speaking at an industry conference, said the agency may grant limited...
March 07, 2017
Speaking in front of the LendIt conference in New York yesterday (Mar. 6), Comptroller of the Currency Thomas Curry told those assembled that the oversight body will go forward with plans to offer banking charters to fintech companies. Curry was reportedly defending against charges laid by banking trade bodies and state regulators that such plans are an over-extension […]
