Payment Law Advisor Legal Commentary and Resources for the Payment Industry

Tag Archives: CRA

OCC Accepting Charter Applications from Fintech Companies

Posted in OCC Fintech Charter
Earlier this summer the Office of the Comptroller of the Currency issued the anticipated announcement that fintech companies engaged in the business of banking may apply for special purpose national bank charters. In conjunction with its announcement, the Comptroller of the Currency, Joseph Otting, adopted a Policy Statement describing how the agenc… Read the rest