Compliance Considerations After OCC Ups Fintech Scrutiny

Summary

Law360 (November 3, 2022, 3:34 PM EDT) – The Office of the Comptroller of the Currency recently noted bank-fintech partnerships as a key element of its fiscal year 2023 bank supervision operating plan,[1] putting both OCC-supervised depository institutions and fintech companies looking to partner with them on notice that their relationships and activities will draw attention during OCC examinations.