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Varo Is First FinTech to Receive Full-Service Charter from the OCC

CFPB Monitor

On July 31, 2020, the Office of the Comptroller of the Currency (OCC) approved the national bank charter application of Varo Bank, N.A., The OCC and FDIC both continue to demonstrate keen interest in supporting technology and innovation in the delivery of consumer financial services. The water’s fine!”. Varo Bank, N.A.’s

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Potential regulatory and legislative implications of blue wave on consumer financial services highlighted in Ballard Spahr webinar

CFPB Monitor

For our webinar last week, “What a Blue Wave in the November 2020 Elections Could Mean for the Consumer Financial Services Industry,” we were joined by special guest Isaac Boltansky, Director of Policy Research at Compass Point Research & Trading. In Chris’s view, such criticism is unfounded.)

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PLI 25th Annual Consumer Financial Services Institute – 25% discount available

CFPB Monitor

The leadership and priorities of the CFPB, OCC, FDIC, and FTC have changed under the Trump Administration. The second panel will feature OCC and FDIC representatives. I am again co-chairing the event, as I have for the past 24 years. I will co-moderate both.

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PLI 25th Annual Consumer Financial Services Institute – 25% discount available

CFPB Monitor

PLI’s 25th Annual Consumer Financial Services Institute will take place on December 7-8, 2020 by live webcast. The second panel will feature OCC and FDIC representatives. I am again co-chairing the event, as I have for the past 24 years. Former CFPB Director Richard Cordray will deliver a keynote address. I will co-moderate both.

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