CFPB, OCC on Collision Course over Who Regulates Fintechs

January 12, 2021

American Banker, Jan. 12, 2021–Kate Berry (subscription)
The Office of the Comptroller of the Currency appears intent on being the federal chartering agency for tech firms with banking ambitions. But some experts say the Consumer Financial Protection Bureau is better suited for the job.
https://www.americanbanker.com/news/cfpb-occ-on-collision-course-over-who-regulates-fintechs