As part of Bradley’s continuing coverage of the North Carolina Sandbox Act, we wanted to know what community members and NC fintech aficionados thought about this proposed legislation. We posed six questions to Tariq Bokhari,...more
8/4/2021
/ Banking Sector ,
Blockchain ,
Cybersecurity ,
Data Privacy ,
Emerging Technology Companies ,
Financial Institutions ,
Financial Services Industry ,
FinTech ,
Insurance Industry ,
NGOs ,
North Carolina ,
Popular ,
Proposed Legislation ,
Stakeholder Engagement ,
Startups ,
State and Local Government
Technology is booming and financial technology (“fintech”) is advancing society in new and innovative ways. In 2021 alone, North Carolina has been the target for some very high-profile technology announcements, including...more
Technology is evolving and advancing at a dizzying pace across the globe. Emerging technologies are reimagining everything from how we interact with each other to how we interact with businesses and institutions. Given the...more
7/20/2021
/ Cybersecurity ,
Financial Services Industry ,
FinTech ,
Innovation ,
North Carolina ,
Privacy Laws ,
Proposed Legislation ,
Proposed Regulation ,
Provisional Waiver Applications ,
Regulatory Oversight ,
State and Local Government ,
Technology Sector
Crisis has set the stage for fintech companies in 2021, creating both new opportunities and potentially unprecedented challenges to innovation. While the coronavirus pandemic continues to accelerate the digital transformation...more
3/23/2021
/ Banking Sector ,
CFTC ,
Compliance ,
Consumer Financial Protection Bureau (CFPB) ,
Coronavirus/COVID-19 ,
Cryptocurrency ,
Cybersecurity ,
Data Breach ,
Data Privacy ,
Data Protection ,
Financial Services Industry ,
FinCEN ,
FinTech ,
Joe Biden ,
Legislative Agendas ,
OCC ,
Privacy Laws ,
Regulatory Oversight ,
Rulemaking Process ,
Securities and Exchange Commission (SEC) ,
Technology
The Office of the Comptroller of the Currency announced, in a highly anticipated decision, that it would begin to consider special-purpose charter applications from fintech entities. This move, which has been the subject of...more
Financial technology, or fintech, is poised to be the center of U.S. regulation in 2017. Industry experts estimate that between July 2015 and January 2016, more than $5.5 billion was invested in the fintech sector. As fintech...more
7/6/2017
/ Banking Sector ,
Big Data ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Cybersecurity ,
Financial Services Industry ,
FinTech ,
Hackers ,
Innovative Technology ,
Popular ,
Regulatory Oversight
The Office of the Comptroller of the Currency (OCC) recently issued supplemental guidance (Bulletin 2017-21) on third-party risk management. Responding to questions raised by banks and federal savings associations since the...more
On November 21, 2016, the comment period closed on the Federal Trade Commission's (FTC) request for public feedback on the Standards for Safeguarding Consumer Information Rule (Safeguards Rule). The FTC is considering...more
In a clear message to FinTech start-ups, on September 27, 2016, the Consumer Financial Protection Bureau (CFPB) ordered online lender Flurish, Inc. to pay $1.83 million in refunds and a civil penalty of $1.8 million for...more
10/3/2016
/ Banking Sector ,
Civil Monetary Penalty ,
Consumer Financial Products ,
Consumer Financial Protection Bureau (CFPB) ,
Consumer Lenders ,
Department of Business Oversight ,
Enforcement Actions ,
Facebook ,
Financial Services Industry ,
FinTech ,
Innovation ,
Innovative Technology ,
Online Marketplace Lending ,
Payday Loans ,
Popular ,
Regulatory Oversight ,
Startups ,
Technology
Last week, federal and state lawmakers took significant steps toward specific regulations targeting digital financial technology, mobile banking and cybersecurity, signaling the possibility of wholesale changes to the legal...more
9/21/2016
/ Banking Sector ,
Blockchain ,
Cybersecurity ,
Data Protection ,
Digital Currency ,
Financial Services Industry ,
FinTech ,
Legislative Agendas ,
Popular ,
State and Local Government ,
Technology