PYMNTS

SEPTEMBER 30, 2020

The House committee held a hearing on the idea after Acting Comptroller of the Currency Brian Brooks in July proposed a new special purpose national banking charter for payments companies. However, the banking industry doesn’t like that one bit. “We

Office of the Comptroller of the Currency 139

Office of the Comptroller of the Currency OCC Non-Bank Regulations 139

PYMNTS

MARCH 30, 2017

Santander has also created an Officer of Consumer Practices to ensure that customers are treated fairly. Earlier this year, the Office of the Comptroller of the Currency downgraded Santander’s rating in community lending. Back in 2015, Santander paid Massachusetts $5.5

Office of the Comptroller of the Currency 43

Office of the Comptroller of the Currency Federal Reserve Settlement Consumer Protection 43

PYMNTS

MARCH 26, 2020

In a joint statement issued on Thursday (March 26), the Federal Reserve’s Board of Governors, Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corp.

Consumer Financial Protection Bureau (CFPB) 52

Consumer Financial Protection Bureau (CFPB) Office of the Comptroller of the Currency Credit Union FDIC 52

PYMNTS

NOVEMBER 27, 2017

Federal and state officials have been investigating whether the GAP insurance is unnecessary, and whether interest rates on the loans increased too much as a result of the GAP protection. The Office of the Comptroller of the Currency (OCC) is looking into Wells Fargo’s auto loans business as well. .

CFPB 40

CFPB Consumer Financial Protection Bureau (CFPB) Office of the Comptroller of the Currency Product 40

The Fintech Times

MARCH 6, 2024

The regulatory tides may be changing in the US, as the Office of the Comptroller of the Currency (OCC) suggests banks should be doing more to manage risks related to partnering with fintech firms. Rick Kuci, COO of FundKite “Unfortunately, many banks caused this risk issue for themselves. More is coming.

OCC 69

OCC FinTech Non-Bank Regulations 69

Nanonets

NOVEMBER 15, 2023

These agencies include the Federal Reserve, the Office of the Comptroller of the Currency, and the Consumer Financial Protection Bureau. The Federal Reserve oversees the Payment System Risk Policy Group, which is responsible for developing policies to reduce risks to the payment system.

Processors 52

Processors Office of the Comptroller of the Currency Payment APIs and Integration Debit Card 52

Clearly Payments

FEBRUARY 8, 2024

Key Regulatory Organizations in The USA Federal Reserve System: The Federal Reserve , often referred to as the Fed, plays a central role in overseeing the nation’s payment systems. It monitors and enforces regulations related to payment products and services to ensure fair treatment and transparency for consumers.

Regulations 83

Regulations Electronic Fund Transfer Act (EFTA) Federal Reserve Error Resolution 83