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Tom Curry Discusses Fintech Regulations in American Banker
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Tom Curry, a partner in Nutter’s Corporate and Transactions Department and co-leader of the firm’s Banking and Financial Services group, analyzed potential regulations in response to big tech firms expanding into the financial services industry in American Banker. In the article, “Are Global Regulators Gunning for Big Tech?,” Tom said that concerns about the power that big tech firms could gain in the financial system are similar to what “the ICBA is raising in that big tech firms have the ability to use social media and other technology to help tailor offerings to individuals that would give big tech firms strong financial positions to be very effective competitors.”
