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OCC’s Otting: Fintech charter will see the light of day

Bank Innovation

Despite a recent legal challenge, Comptroller of the Currency Joseph Otting said the regulator will continue to advocate for passage of the OCC’s special purpose fintech charter. “We started to pursue […].

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Join our ‘Fintech in the Age of Coronavirus’ Zoom meeting (Subscribers Only) 

Bank Innovation

How will banking and fintech business models be impacted by this unprecedented coronavirus pandemic? What is the role of innovation in response to these rapidly unfolding events? How will banks and startups work together?

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6 ways the FDIC is fostering fintech innovation, diversity and inclusion

BankInovation

The Federal Deposit Insurance Corporation (FDIC) has taken steps to promote fintech partnerships and diversity and inclusion within the financial services industry, both internally at the FDIC and among the institutions it regulates, FDIC Chairwoman Jelena McWilliams said during the LendIt Fintech USA 2020 conference Wednesday.

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Banking licenses an opportunity to create fintech hub in Singapore

Bank Innovation

The regulator’s moves have created an opening for super apps […]. Singapore is becoming a haven for e-commerce companies looking to get into banking in Asian markets.

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6 ways the FDIC is fostering fintech innovation, diversity and inclusion

BankInovation

The Federal Deposit Insurance Corporation (FDIC) has taken steps to promote fintech partnerships and diversity and inclusion within the financial services industry, both internally at the FDIC and among the institutions it regulates, FDIC Chairwoman Jelena McWilliams said during the LendIt Fintech USA 2020 conference Wednesday.

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Building, operating and monetizing financial services apps on the IBM Cloud

Insights on Business

As the financial services industry continues to be disrupted by smaller, agile fintech startups, long-established financial institutions are looking for ways to keep pace. Innovative strategies and value propositions. One approach to accomplish this is to build, deploy and even monetize next-generation apps on the IBM Cloud.

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Weekly Wrap: Varo is a bank and a big week for payments startups

BankInovation

Whether more fintechs will follow suit remains to be seen. “A A banking charter comes with capital requirements and regulatory oversight that will not be appealing to all fintechs,” said Julie […].

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