OC&C

Today In Digital-First Banking: OCC OKs Stablecoins, INVNs For Banks; States Sue Banking Watchdog Over ‘True Lender’ Regulation
Today In Digital-First Banking: OCC OKs Stablecoins, INVNs For Banks; States Sue Banking Watchdog Over...
January 06, 2021  |  Digital-First Banking

In today’s top news in digital-first banking, the Office of the Comptroller of Currency (OCC) has OK’d independent node verification networks (INVNs) and stablecoins for...

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OCC Ruling May Set Stage For Stablecoins’ Tipping Point
OCC Ruling May Set Stage For Stablecoins’ Tipping Point
January 06, 2021  |  Cryptocurrency

The regulatory path to bringing stablecoins to commercial, traditional banking activities is getting clearer. And as a result, we may see these coins – defined...

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Several US States Sue Banking Regulator Over ‘True Lender’ Rule
Several US States Sue Banking Regulator Over ‘True Lender’ Rule
January 06, 2021  |  Loans

Washington D.C. joined seven states in suing a bank regulator over a rule they fear could encourage predatory lending by stopping them from leveling state...

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US Currency Comptroller OKs INVNs, Stablecoins For Federal Banks
US Currency Comptroller OKs INVNs, Stablecoins For Federal Banks
January 05, 2021  |  Banking

The U.S. Office of the Comptroller of Currency has stated that national banks and federal savings associations can participate in independent node verification networks (INVNs)...

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OCC’s Brian Brooks: Cryptocurrency Regulation Coming Soon 
OCC’s Brian Brooks: Cryptocurrency Regulation Coming Soon 
December 04, 2020  |  Bitcoin

New U.S. regulations for bitcoin and other cryptocurrencies are being developed and will be rolled out within six to eight weeks, Brian Brooks, acting comptroller...

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FinTech Oportun Seeks US National Bank Charter
FinTech Oportun Seeks US National Bank Charter
November 24, 2020  |  Financial Inclusion

Oportun Financial, which provides “inclusive, affordable” financial services, has applied for a national bank charter with the Office of the Comptroller of the Currency (OCC),...

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Digital Shift Lures More FinTechs To Pursue Banking Licenses
Digital Shift Lures More FinTechs To Pursue Banking Licenses
November 24, 2020  |  Digital-First Banking

As we move through what might be the final stages of the pandemic, as the vaccines may put an end to this public health nightmare,...

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OCC Calls For Equal Access To Banking Services
OCC Calls For Equal Access To Banking Services
November 23, 2020  |  Bank Regulation

The Office of the Comptroller of the Currency (OCC) has proposed personal banking regulations intended to level the playing field.  The rule would guarantee that...

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Today In Digital-First Banking: OCC Issues Stablecoin Guidance For Banks; Deutsche Bank, PNC Plan Branch Closures
Today In Digital-First Banking: OCC Issues Stablecoin Guidance For Banks; Deutsche Bank, PNC Plan Branch...
September 23, 2020  |  Digital-First Banking

In today’s top news in digital-first banking, the Office of the Comptroller of the Currency (OCC) has issued stablecoin guidance, and Deutsche Bank intends to...

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