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Government Accountability Office (GAO) said that financialregulators should look more closely at the role of non-bank tech companies in the small business (SMB) lending and consumer lending markets. Closer to home, in Wyoming, a bill has debuted in the state legislature to create a FinTech sandbox. Late last week, the U.S.
Earlier this year, Wyoming became the second state to create a financialtechnology (fintech) sandbox by enacting the “ FinancialTechnology Sandbox Act ” (Sandbox Act). Arizona was the first state to create a fintech sandbox and we will soon be publishing a blog post about Utah’s new fintech sandbox.)
ACFIN is a network of federal and state regulators that may include state attorneys general, state financialregulators, and federal financialregulators. The CFPB’s announcement invites innovators to request a meeting and describe the topic(s) they would like to discuss during their virtual session.
ACFIN is a network of federal and state regulators that may include state attorneys general, state financialregulators, and federal financialregulators.
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