Panelist, "FinTech Companies and Bank Charters: A Close Examination of the Latest Licensing, Partnership and Chartering Options for FinTechs and What Factors to Consider in Determining the Best Choice," Fintech & Emerging Payment Systems, New York, N.Y.
The fintech and payments industries are facing unprecedented growth, rapid technological advancements, and a flood of new entrants into the market. The Annual FinTech and Emerging Payments Systems conference provides key insights, proven strategies and best practices necessary to navigate the legal, compliance and technical hurdles arising from this "new" world.
This panel took a close examination of the various licensing, partnership and chartering options available to fintech firms in the U.S., and the different opportunities, costs, risks and other factors that should be weighed when considering the best fit. Topics covered included:
- OCC FinTech Charter update
- Partnering with a retail bank
- 50-State Money Transmitter Licensing Regime
- Industrial Loan Charters
- State Trust Company Charters