The Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) have successfully defended their respective valid-when-made rules. On February 8, 2022, Judge Jeffry S. White, U.S....more
"Technology-based products and services are the future of banking and the economy."
"What excites me most about the changes occurring in financial services is the great potential to expand financial inclusion, reach...more
12/12/2016
/ Bank Secrecy Act ,
Banking Sector ,
BSA/AML ,
Consumer Financial Products ,
Financial Services Industry ,
FinTech ,
Innovation ,
Innovative Technology ,
NYDFS ,
OCC ,
Popular ,
Regulatory Oversight ,
Trump Administration
On July 20, the Department of the Treasury published a Notice and Request for Information (“RFI”) seeking comment on various aspects of online marketplace lending, including –
- the business models and products offered...more
7/22/2015
/ Automotive Loans ,
Bank Secrecy Act ,
Banking Sector ,
Banks ,
BSA/AML ,
Cloud Computing ,
Compliance ,
Consumer Financial Protection Bureau (CFPB) ,
Cybersecurity ,
Data Privacy ,
Debt Collection ,
Department of Justice (DOJ) ,
FDIC ,
FHFA ,
Financial Crimes ,
Financial Institutions ,
HUD ,
Lending ,
Midland Funding ,
National Bank Act ,
OCC ,
Online Marketplace Lending ,
Payday Loans ,
Preemption ,
Regulatory Standards ,
Risk Retention ,
RMBS ,
U.S. Treasury ,
Usury
On June 2, the Federal Deposit Insurance Corporation, Board of Governors of the Federal Reserve System and Office of the Comptroller of the Currency reiterated the disclosure requirements for annual stress tests conducted by...more