Tag Archives: fintech

CFPB Finalizes Unavailing ‘No-Action’ Letter Policy

The Consumer Financial Protection Bureau today finalized a policy under which companies may request “no-action” letters indicating that bureau staff have “no present intention” to initiate enforcement or supervisory actions based on a particular product or aspect of a product.

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Nichols Makes the Case for Responsible Fintech Regulation

A responsibly regulated fintech industry is essential for ensuring consumer protection and allowing for greater cooperation between banks and alternative financial service providers, ABA President and CEO Rob Nichols said in an op-ed in American Banker today.

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The High-Touch Side of High Tech

In the right setting, interactive teller machines can give financial institutions a competitive edge—including an invaluable opportunity 
to connect with customers.

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