Pic© Gary Lyne
Category: Marketplace Lending ABS
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A number of positive developments have boosted the marketplace lending sector this week. Among them is the publication by the OCC of further guidelines for fintech firms applying for bank charter applications.
The extra information is included as a supplement to the OCC's existing licensing manual and it explains how the licensing standards and requirements will be applied in existing regulations and policies to fintech companies applying for special purpose national bank charters.
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