Category: Bank-Fintech Partnerships – News

Financial Technology Association

State Affairs: Oregon passes DIDMCA opt-out; some fear it goes too far

Oregon lawmakers passed a bill closing a loophole that has allowed some lenders to continue to charge rates several times higher than the state’s

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Financial Technology Association

Crowdfund Insider: Rodney E. Hood Selected as Acting Comptroller of the Currency

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Financial Technology Association

Crowdfund Insider: Financial Technology Association Tells FDIC to Modify Rules on Custodial Deposits

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Financial Technology Association

Bloomberg: Banks, Fintechs Balk at Scope of FDIC’s Post-Synapse Proposal

   

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Financial Technology Association

Consumer Affairs: Choosing the best banking option isn’t always easy

Studies also suggest that consumers haven’t abandoned traditional banks. For one reason, some people still prefer banking in person. A study released in June

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Financial Technology Association

Financial Regulation News: Financial Industry Association Urge FDIC to Withdraw Proposal on Brokered Deposits

The coalition consists of the American Bankers Association, Bank Policy Institute, U.S. Chamber of Commerce, Financial Services Forum, Financial Technology Association, Independent Community Bankers

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Financial Technology Association

Law 360: FDIC’s ‘Hot Money’ Revamp Gets Bank, Fintech Cold Shoulder

The FTA similarly stressed that it is “highly concerned” about what would happen if the proposal were finalized in its current form, saying that

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Financial Technology Association

Politico Morning Money: Industry broadside against brokered deposit changes 

A coalition of financial trade associations and business groups argue in a new letter to the FDIC this morning that the banking agency’s proposal

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Financial Technology Association

Pittsburgh Business Times: Banks Up in Arms Over FDIC Proposal on Brokered Deposits

Almost four years after the FDIC updated its rules on brokered deposits, the regulator’s new proposal would undo some of those changes and1 the

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Financial Technology Association

Banking Dive: Trade Groups Seek Extension on FDIC’s ‘Hot Money’ Rule

“It is essential then, that the FDIC have a robust and accurate data set from which to work, and that any additional reporting requirements

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Financial Technology Association

Politico Morning Money: FDIC’s Brokered Deposit Rule Under Fire

FDIC’s brokered deposit rule under fire — Several major Wall Street industry groups are demanding the FDIC withdraw a proposal that would reverse Trump-era

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Financial Technology Association

American Banker: Banking Groups Urge Comment Period Extension for Brokered Deposits Rule

The broad cohort, including 11 trade groups from across the financial industry, urged the Federal Deposit Insurance Corp. to rethink its proposed rulemaking on

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