OC&C

Lawsuit Filed Over OCC FinTech Charter Plans
Lawsuit Filed Over OCC FinTech Charter Plans
April 27, 2017  |  Legal

The Conference of Bank State Supervisors (CSBS), an organization and advocate for the legislative and regulatory interests of state banking, has just filed suit against...

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Wells Fargo Regulator Admits To Missing Warning Signs
Wells Fargo Regulator Admits To Missing Warning Signs
April 20, 2017  |  Regulation

As became public knowledge late last year, Wells Fargo spent years creating fraudulent accounts for customers without their consent. While much attention has been paid...

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Regulators Clarify KYC Rules To Push U.S. Banks To Work Cross-Border
Regulators Clarify KYC Rules To Push U.S. Banks To Work Cross-Border
March 22, 2017  |  Regulation

The Office of the Comptroller of the Currency — the top regulator for national banks — is sending out the message that U.S. banks ought...

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OCC Wants To Give FinTechs A National Charter
OCC Wants To Give FinTechs A National Charter
December 05, 2016  |  Banking

FinTech companies are getting support from the Office of the Comptroller of the Currency, the main banking regulator, which wants to give FinTechs a charter....

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Office Of The Comptroller Of The Currency Disclosed A Data Breach
Office Of The Comptroller Of The Currency Disclosed A Data Breach
October 31, 2016  |  Security & Fraud

The Office of the Comptroller of the Currency (OCC) disclosed it was hacked in September, reported The Wall Street Journal last week. According to the report,...

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Why One Startup Is Desperately Seeking Regulation
Why One Startup Is Desperately Seeking Regulation
June 10, 2016  |  Regulation

As a general rule, most startups aren’t too happy when the regulator comes around, and it is rarely indicative of good news. Uber had many...

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HSBC Settles Legacy Credit Cards Case
HSBC Settles Legacy Credit Cards Case
April 14, 2016  |  Security & Fraud

HSBC Bank USA has reached an agreement to pay $35 million as part of a settlement with the Office of the Comptroller of the Currency....

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