Agencies Extend Comment Period on Request for Information on Bank-Fintech Arrangements

The federal bank regulatory agencies announced today that they will extend until October 30, 2024, the comment period on a request for information on bank-fintech arrangements involving banking products and services.

The agencies are seeking input on the nature and implications of bank-fintech arrangements and effective risk management practices. Extending the comment period will allow the public more time to consider the request, prepare comments, and address the questions posed by the agencies.

Comments were originally due by September 30, 2024.

Related Link

IR Press

Share
Published by
IR Press

Recent Posts

U.S. Department of the Treasury Issues Proposed Rules Supporting Expanded Tribal General Welfare for Tribal Communities

Proposed regulations would support Tribal Nations in providing general welfare for Tribal communities  WASHINGTON – Today,…

2 days ago

OCC Issues Enforcement Action Against Wells Fargo Bank

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today entered into a Formal Agreement…

2 days ago

Treasury Targets Venezuelan Officials Aligned with Nicolas Maduro in Response to Electoral Fraud

WASHINGTON — Today, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) designated…

3 days ago

Treasury Sanctions Cambodian Tycoon and Businesses Linked to Human Trafficking and Forced Labor in Furtherance of Cyber and Virtual Currency Scams

WASHINGTON — Today, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC)…

3 days ago

U.S. Department of the Treasury Highlights the Benefits of Public-Private Partnerships for Main Street and Underserved Rural and Urban Communities

WASHINGTON – The Economic Opportunity Coalition (EOC), launched by Vice President Kamala Harris in July…

3 days ago