Tag Archive: Proposed OCC Fintech Charter

Proposed OCC Fintech Charter

As an update, the Office of the Comptroller of Currency (“OCC”) had proposed a special purpose charter process (“fintech Charter”) for “fintech” or nonbank lenders in 2016.   While fintech lenders were evaluating this licensing opportunity, lawsuits were filed, including one filed by the New York Department of Financial Services (“NYDFS”).  The complaint alleged, certain […]

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