What Challenges To OCC Charter Mean For Fintech Cos.

By Pratin Vallabhaneni and Margaux Curie (November 7, 2019, 6:07 PM EST) -- Fintech companies seeking to offer consumer financial products and services in the U.S. often must go through the time-consuming, costly process of obtaining a license in each state in which they intend to operate. In an effort to promote efficiency and reduce regulatory complexity, the U.S. Office of the Comptroller of the Currency proposed to issue a special-purpose national bank charter to nondepository fintech companies wishing to conduct regulated banking activities on a national scale....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!