Dean Polsfut of Wolters Kluwer discusses new portfolio lending strategies in 2024 as institutions rethink their lending strategies to include secondary market executions.
Read More »Groups Voice Concerns Over OCC’s FinTech Charter
The Office of the Comptroller of the Currency’s announcement in early December that it would grant a special purpose national bank charter to non-bank financial technology companies is causing no small amount of concern in the industry.
Read More »Credit Unions to OCC: Hold FinTechs to Same Standards
A representative from the National Association of Federally-Insured Credit Unions has petitioned the Office of the Comptroller of the Currency to regulate and supervise FinTechs in the same manner as other financial institutions.
Read More »FinTechs Can Now Become Banks, if They Choose
Comptroller of the Currency Thomas Curry said the move to grant non-bank financial technology companies a bank charter will "support responsible innovation" in the financial industry.
Read More »FinTechs are Testing Banks’ Strategic Risk
Mitigating strategic risk should be at front of mind for all banking executives and boards heading into the new year, according to U.S. Comptroller of the Currency Thomas J. Curry at the Chicago Fed on Friday.
Read More »OCC Weighing Bank Charters for FinTechs
Comptroller of the Currency Thomas Curry offered the pros and cons of granting a national bank charter to FinTechs.
Read More »FinTechs Prompt OCC to Create New Division
The Office of the Comptroller of the Currency wants to be able to better understand how financial innovation is affecting the banking system.
Read More »CFPB Acknowledges Exploding Popularity of FinTechs
The Bureau's first-ever Project Catalyst report highlighted developments that could potentially benefit consumers, including improved mortgage servicing platforms and expanding responsible access to credit.
Read More »LendingHome Appoints Chief Risk Officer
Fintech mortgage marketplace LendingHome has announced the appointment of expert risk leader Cynthia Chen as Chief Risk Officer.
Read More »Fintechs Present Both Opportunities and Challenges
Congress has taken note of the rise of companies that utilize technology to make financial services more efficient, or fintechs as they have commonly become known, and their increasing role in the financial services market.
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