State regulators are the only agencies to supervise fintech companies. Learn how state regulators supervise a rapidly-emerging industry.
Fintech, short for “Financial Technology,” refers to companies and products using technology to make financial services more efficient.
Continue reading “Financial Technology”
Seeks Industry Participation in Vision 2020 Initiative Continue reading “CSBS Launches Fintech Advisory Panel to Help Modernize State Regulation”
The CSBS Board of Directors approved formation of a Fintech Industry Advisory Panel (“Advisory Panel”) at its March 2017 Board Meeting to support state regulators’ increased efforts to engage with financial services companies involved in fintech. Continue reading “CSBS Fintech Industry Advisory Panel Fact Sheet”
Statement from John W. Ryan, President and CEO, Conference of State Banking Supervisors (CSBS), in response to the Office of the Comptroller of the Currency (OCC) decision to move forward with creating national bank charters for financial technology companies and other non-banks, and begin considering applications. Continue reading “The OCC Fintech Charter”
The CSBS Emerging Payments and Innovation Task Force studies changes in payment systems to determine the potential impact on consumer protection, state law, and banks and non-bank entities chartered or licensed by the states. Continue reading “The Emerging Payments and Innovation Task Force”