Fintech Regulation

Randy Benjenk is quoted in BankBeat regarding the Office of the Comptroller of the Currency’s decision to develop a limited purpose national banking charter for fintech. Commenting on the development of guidelines, Mr. Benjenk says, “the initiative began as a non-partisan issue, but it is turning more partisan as more details are put on the table, with different groups seeking to influence what the charter and its regulatory regime will look like.”