Tag Archives: fintech

Fed to Evaluate Large Bank ‘Living Wills,’ Fintech in 2017

Speaking at a legal event in Washington, D.C., today, Federal Reserve General Counsel Scott Alvarez outlined several issues the agency will focus on in 2017, including certain regulatory relief measures and the entrance of nonbank fintech companies into the Federal Reserve System.

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Fed Forms Fintech Working Group

As fintech continues to grow and mature and the OCC takes steps toward launching a fintech bank charter, the Federal Reserve has formed a cross-cutting fintech working group on the topic, Fed Governor Lael Brainard said in a speech today.

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Fintech, Customer Experience Key Concerns for Fed Advisory Council

Members of the Federal Reserve’s Community Depository Institutions Advisory Council -- which includes several ABA member bank CEOs -- raised concerns over the uncertain regulatory environment for innovation and bank-fintech partnerships and over growing regulations that directly harm the customer experience, according to minutes of the CDIAC’s last meeting released by the Fed.

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