OCC Requires FinTech Applicants To Apply As Nondepository Institutions
The Office of the Comptroller of Currency (“OCC”) recently established that it will use its authority to grant special-purpose charter to allow FinTech companies into the banking system. The charter details have not yet been finalized. In order to apply for this special-purpose charter, a company must engage in fiduciary activities, or either one of […]
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