PYMNTS

OCTOBER 26, 2018

More legal troubles have emerged for the Office of the Comptroller of the Currency (OCC) over its plan to introduce national bank charters for FinTechs, aimed at making it easier for alternative financial services players to do business. Reports in Reuters on Thursday (Oct.

Office of the Comptroller of the Currency 62

Office of the Comptroller of the Currency OCC Regs Blocks 62

PYMNTS

JUNE 4, 2018

The Office of the Comptroller of the Currency (OCC) says that it has warned some financial companies that they should modify lending terms. That movement comes as matters requiring attention — citations put forth by the OCC to modify lending practices — are up 24 percent year over year, as measured in the first quarter.

CFPB 47

CFPB Consumer Financial Protection Bureau (CFPB) Regs Office of the Comptroller of the Currency 47

PYMNTS

FEBRUARY 21, 2017

The CFPB was a few weeks away from releasing new draft regulations, and the money was on regs that would by and large neuter the industry. When the draft rules were released in early June 2016 — all 1,400 pages of them — that concern became a certainty. Will the rule be pulled back?” Purcell asked hypothetically.

CFPB 40

CFPB Regs Rules FTC 40

PYMNTS

OCTOBER 6, 2017

Headline writers found no shortage of dramatic ways to characterize the final version of the CFPB’s short-term lending rule that dropped yesterday (Oct. But today, the journey came to an end as the CFPB has offered its final ruling on the future of the payday and title lending industry in this country. “The clamp down.” “The

CFPB 51

CFPB Regs Rules Credit Union 51