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FDIC Reminds Small Banks of Need to Oversee Technology Service Providers

The need to control risks associated with using third-party technology service providers was reemphasized by the FDIC for institutions with less than $1 billion in assets in a new financial institutions letter...more

OCC Gives Green Light To Chartering Fintechs As Special Purpose National Banks

The Office of the Comptroller of the Currency announced on July 31 that it will begin accepting applications for special purpose national bank charters from nondepository financial technology companies (fintechs) that are...more

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