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More on Comptroller Curry’s remarks at LendIt USA conference

CFPB Monitor

In a recent blog post , Alan Kaplinsky and Scott Pearson wrote about the remarks made by CFPB Director Richard Cordray and Comptroller of the Currency Thomas Curry at the LendIt USA conference in New York City earlier this month. As Alan demonstrates in his article, there is clear OCC and U.S.

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Fintech bank announces preliminary OCC approval of national bank charter

CFPB Monitor

announced they have been granted preliminary approval by the OCC of their application to form a de novo national bank, which they claim “put[s] Varo on track to become the first all-mobile national bank in the history of the United States.”. Rather than a SPNB charter, Varo is seeking a full-service national bank charter from the OCC.

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VCs And SPACs Raise $1B+ To Invest In Cloud, AI And More Despite Pandemic

PYMNTS

Company Co-Founder and Partner Dana Settle told Bloomberg that Greycroft plans to use the fresh funds to invest in retail-oriented businesses, although it's also interested in working with health technology, financial technology and grocery-related businesses. Salesforce Ventures .

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Currency Comptroller: New Plan Regulating Marketplace Lending

PYMNTS

Pivoting from concerns and risks around financial technology innovation in the banking system, the U.S. Comptroller Thomas Curry, speaking at an industry conference, said the agency may grant limited charters to FinTech companies.

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10 Top banking podcasts you should be listening to

Abrigo

Banking Transformed Banking Transformed by the Financial Brand’s Jim Marous has new episodes several times a month. It features executives from financial institutions, financial technology firms, authors, consultants, and other experts in the banking industry.

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Governments Sending Mixed Signals On Blockchain

PYMNTS

“The SEC is looking closely at the disclosures of public companies that shift their business models to capitalize on the perceived promise of distributed ledger technology and whether the disclosures comply with the securities laws, particularly in the case of an offering,” Clayton said at a conference this week. “I securities bar.”.

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10 Top Banking Podcasts You Should be Listening to

Abrigo

Banking Transformed Banking Transformed by the Financial Brand’s Jim Marous has new episodes several times a month and features executives from financial institutions, financial technology firms, authors, consultants, and other experts in the banking industry. keep me informed.

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