Fsoc news and trends

Fed Oversight Council Argues for More Control Over FinTech
News // December 06, 2024

The Financial Stability Oversight Council (FSOC) said Friday (Dec. 6) that Congress should pass legislation ensuring that relevant agencies have the examination and enforcement powers they need to oversee their regulated entities’ third-party service providers. Get the Full Story Complete the form to unlock this article...

FSOC: Regulators, Congress Should Enhance Resilience of Nonbank Mortgage Companies
Real Estate // May 10, 2024

The Financial Stability Oversight Committee (FSOC) is encouraging state and federal regulators and Congress to do more to enhance the resilience of nonbank mortgage companies (NMCs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

BoE Official Calls For Closer Look at Non-Bank Lenders
Loans // February 26, 2024

A Bank of England official is calling for more research into non-bank lenders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

CFPB Director Says Regulators Must Monitor Tech’s Role in Finance
Regulation // December 18, 2023

Regulators must use their legal authorities to guard against risks posed by the growing role of large technology firms in the financial system, Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), said Monday (Dec. 18). Get the Full Story Complete the form to unlock this article...

Interviews & Exclusives
Financial Landscape Unprepared for Increasing FinTech Influence, Oversight Group Says

December 11, 2024
Innovation within the financial services and payments space tends to center around two poles: FinTechs, and cryptocurrency. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree […]

Quick Reads
Fed Oversight Council Argues for More Control Over FinTech

December 06, 2024
The Financial Stability Oversight Council (FSOC) said Friday (Dec. 6) that Congress should pass legislation ensuring that relevant agencies have the examination and enforcement powers they need to oversee their regulated entities’ third-party service providers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — […]

FSOC: Regulators, Congress Should Enhance Resilience of Nonbank Mortgage Companies

May 10, 2024
The Financial Stability Oversight Committee (FSOC) is encouraging state and federal regulators and Congress to do more to enhance the resilience of nonbank mortgage companies (NMCs). Get the Full Story Complete the...

BoE Official Calls For Closer Look at Non-Bank Lenders

February 26, 2024
A Bank of England official is calling for more research into non-bank lenders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

CFPB Director Says Regulators Must Monitor Tech’s Role in Finance

December 18, 2023
Regulators must use their legal authorities to guard against risks posed by the growing role of large technology firms in the financial system, Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB),...