Providing Our Clients With Expert Advice And Industry Best Practices
Call US TODAY
864-649-6300
English Spanish
Menu
Search

In The News

Home > Acquisitions > License to Bank: Who Lends and Processes Payments in the Fintech Age
Oct6 - 20

License to Bank: Who Lends and Processes Payments in the Fintech Age

The Conference of State Bank Supervisors (CSBS) thanks the House Financial Services Task Force on Financial Technology for convening this important hearing entitled “License to Bank: Examining the Legal Framework Governing Who Can Lend and Process Payments in the Fintech Age.” CSBS is the nationwide organization of banking regulators from all 50 states, the District of Columbia, Guam, Puerto Rico, American Samoa and the U.S. Virgin Islands. CSBS was established in 1902 to support and improve the dual banking system by bringing state banking regulators together and promoting state-federal regulatory coordination.

State regulators charter and supervise 79 percent of all U.S. banks and are the primary regulators of a diverse range of nonbank financial services providers, including mortgage lenders, money transmitters and consumer lenders. CSBS, on behalf of state regulators, also operates the Nationwide Multistate Licensing System (NMLS), a regulatory licensing platform for state-licensed nonbank financial services providers in the money services, mortgage, consumer finance and debt industries. Read the complete article HERE.

Categories

Archives

Events

April
27-29, 2021

LATAM 2021 will be a virtual event taking place April 27-29, 2021. Learn what the Latin American market will look like after COVID-19. Learn more…

May
5-7, 2021

The 2021 IMTC EMEA event is the first-ever hybrid event of the Cross-Border Payment Industry in Europe. Learn how to register for this event here.

contact us

Please fill out all fields marked with* and submit the following form to
request your consultation.

Contact Us Today

Please fill out all fields marked with * and submit the following form to request your consultation.

  • This field is for validation purposes and should be left unchanged.
Call Now Button