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    Synthetic Banking Providers: The CFPB and OCC Address Big Tech's Role in Banking & Payments [CC]

    Synthetic Banking Providers: The CFPB and OCC Address Big Tech's Role in Banking & Payments [CC]
    CLE 60 min

    Synthetic Banking Providers: The CFPB and OCC Address Big Tech's Role in Banking & Payments [CC]

    We’ll discuss the OCC’s effort to redefine the “banking regulatory perimeter” to include “synthetic banking providers” and the emerging risks they present. We’ll also explore the CFPB’s recent inquiry into big tech’s role in delivering payment services, including a new view of consumer harm for UDAAP purposes derived from unfair market competition.

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    Product Details

    Co-sponsors

    Banking Law, Consumer Financial Services

    Product Code

    CL2203SPR07OLC

    Duration

    59

    Publication Date

    3/31/2022 12:00:00 AM

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