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Writing for American Banker, Tom Curry Outlines the Importance of the OCC’s Fintech Charter
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Tom Curry, a partner in Nutter’s Corporate and Transaction Department, wrote an article that outlined why fintechs, just like banks, may now weigh the possible advantages of the special purpose national bank charter against the existing state regulatory systems in American Banker. In the article, “It’s a Mistake to Block the OCC’s Fintech Charter,” Tom states, “To thrive, the states must recognize the potential of a dual fintech system and, together with the OCC, leverage that potential to develop a system that promotes regulatory and business competition, innovation, financial inclusion and, most importantly, protects consumers.”
