Financial Technology Fintech Illinois Regulation 
PYMNTS
MAY 30, 2018
The Consumer Financial Protection Bureau (CFPB) has announced that it is working with the Commodity Futures Trading Commission to develop a regulatory sandbox for FinTech firms. “We We recognize that so often the case is with new technology, there is a needle you have to thread,” he added later. “If But the U.S. But the U.S.
Payments Source
MAY 3, 2018
Although there's often a tension between regulation and innovation, the sandbox concept can help startups, regulators and incumbent banks better navigate experimental financial technologies.
CFPB Monitor
DECEMBER 12, 2016
The announcement by the Office of Comptroller of Currency that it will allow financial technology (fintech) companies to apply for national bank charters as way of fostering “responsible innovation” has already drawn fire from the New York Department of Financial Services (DFS) and the Conference of State Bank Supervisors (CSBS). .
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