Browsing: Technology

Newsbytes

Comptroller of the Currency Thomas Curry reaffirmed his agency’s commitment to promoting responsible innovation within the financial industry in a speech at the OCC’s Responsible Innovation Forum today in Washington.

Cybersecurity

In its annual report and during its public session yesterday, the Financial Stability Oversight Council trained scrutiny on the potential risks posed by the growing use of new financial products and delivery mechanisms, including marketplace lending and distributed ledger or blockchain technology.

Newsbytes

Comptroller of the Currency Thomas Curry said today that the OCC is examining its legal authority to offer a limited-purpose charter for fintech firms, similar to those granted to trust companies without deposit insurance and to credit card banks, American Banker reported today.

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