fintech

NACA Joins Letter Thanking Senator Sherrod Brown for His Strong Stance on Fintech

Publish Date: 
November 25, 2020
Type: 
legislative

NACA joined a letter from public interest groups to Senator Sherrod Brown thanking him for his commitment to ensuring fintech companies are required to follow the same rules as traditional financial firms. Under the banner of "innovation" fintech firms have attempted to skirt regulatory oversight and engage in anti-consumer activities that could jeopardize our financial system's stability.

Groups Oppose OCC Special Purpose "Bank" Charters for Fintech

Publish Date: 
November 14, 2016
Type: 
legislative

NACA joins other consumer, civil rights, small business, and other community organizations to express strong opposition to new federal nonbank lending charters that would enable chartered entities to avoid state interest rate caps, other state consumer protection laws, and state oversight, that put consumers and small businesses at risk.

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