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Fintech Focus Roundup For July 26, 2020
Monday, July 27, 2020 - 10:14am | 1233Read More...The OCC Is Rolling Out National Payments Charter 1.0 This Fall What Is Happening? The Office of the Comptroller of the Currency (OCC) is rolling out a ‘payments charter 1.0’ this fall. What Does It Mean? The OCC’s proposed charters will be positive for the fintech industry,...
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Fintech Focus For July 8, 2020
Wednesday, July 8, 2020 - 10:22am | 2122Read More...Daily Perspective: Capital markets are not free markets allocating resources in traditional ways. - Ray Dalio Fintech Movers: Nasdaq and the London Stock Exchange Group have both taken steps to grow the digital asset ecosystem as institutional interest increases. - Markets Media Iran cracks down...
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Interactive Brokers, Phillip Capital Group Partner With The Small Exchange
Wednesday, June 3, 2020 - 10:43am | 529Read More...On the heels of launching a futures exchange and receiving approvals from the U.S. Commodity Futures Trading Commission (CFTC) and Options Clearing Corporation (OCC), the Small Exchange announced it secured a $4 million investment from Interactive Brokers Group (NASDAQ: IBKR) and Phillip Capital...
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'A Chance To Change The World': The Small Exchange Opens, Launches Small, Standard, And Simple Futures Products
Wednesday, May 20, 2020 - 6:22pm | 769Read More...On May 19, the Small Exchange announced the launch of a new futures exchange after receiving approval from the U.S. Commodity Futures Trading Commission (CFTC) and successfully completing Options Clearing Corporation (OCC) tests. The launch marks a new beginning for the industry, as more market...
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Former Wells Fargo CEO Gets Lifetime Banking Ban, Executives Fined $55M In Sales Fraud
Friday, January 24, 2020 - 1:46am | 506Read More...The United States Department of Treasury's Office of the Comptroller of the Currency on Thursday announced that former Wells Fargo & Company (NYSE: WFC) CEO John Stumpf has agreed for a lifetime industry ban for his role in the sales fraud at the bank. Stumpf's Role In The Scandal...
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Regulators Decide To Issue Bank Charters For Fintech Firms
Monday, December 5, 2016 - 5:07pm | 441Read More...Comptroller of the Currency Thomas Curry announced that his office would consider applications from financial technology (fintech) companies to become special purpose national banks. The move would benefit firms providing online lending and smartphone payment, and they would boost competition...
