Industry News

MSBA submits comment letter to the OCC

MSBA submits comment letter to the OCC

The MSBA submitted a letter to the OCC noting our questions and comments regarding their proposed National FinTech Charter. We commended the OCC for exploring new and innovative ways to increase payment innovation and reduce duplicative regulatory burdens. The concept of a Special Purpose National Bank Charter for Fintechs (to be referred to herein as the “Fintech Charter”) is one that has garnered a lot of attention and inquiries over the last few weeks.

Read our complete here:

Read More

CFPB issues monthly consumer complaint report

CFPB issues monthly consumer complaint report

Every year, tens of billions of dollars are sent both domestically and abroad through money transfer services. Consumers send funds in order to make payments, and to help family and friends pay for important needs such a ...

Judie Rinearson comments on De-risking

Judie Rinearson comments on De-risking

MSBA Board Advisor, Judith Rinearson, Partner at K&L Gates commented on De-risking and recent guidance issued by the banking regulators.  This summer, “de-risking” has become a hot topic. De-risking is the term u ...

Important Update from the Central Bank of Nigeria

Important Update from the Central Bank of Nigeria

Central Bank of Nigeria has issue a new directive that applies to all money transfer operators working in Nigeria. IAMTN  is in contact with the Central Bank of Nigeria in order to facilitate communication with the indus ...

Close