Copyright © 2017 ALM Media Properties, LLC. All Rights Reserved.
(Credit: Montri Nipitvittaya/Shutterstock.com)
The Office of the Comptroller of the Currency is receiving pushback yet again on its proposed charter that would allow fintech companies to become special purpose banks. This time, the Conference of State Bank Supervisors has rolled out a plan that could be viewed as a rival to the federal bank regulator’s charter.