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Money Transmitter National Bank Charters

Ballard Spahr LLP

OCC payments charter quickly generates industry concern

Ballard Spahr LLP on

As we reported, Acting Comptroller of the Currency Brian Brooks has previewed the OCC’s plans to introduce another special purpose national bank charter that would give payment companies a nationwide servicing platform and...more

Latham & Watkins LLP

OCC’s New Comptroller Announces Innovative Fintech Initiatives

Latham & Watkins LLP on

A new Payments Charter could enable entities to engage in payments-related activities on a nationwide basis, rather than by state. The US Office of the Comptroller of the Currency’s (OCC) newly appointed Acting...more

Ballard Spahr LLP

NYDFS files brief with Second Circuit in OCC’s appeal from district court judgment in lawsuit challenging fintech charter

Ballard Spahr LLP on

The New York Department of Financial Services (DFS) has filed its opening brief with the Second Circuit in the OCC’s appeal from the district court’s final judgment in DFS’s lawsuit challenging the OCC’s issuance of special...more

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