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Hsu: OCC has concluded fintech charter review

Hsu: OCC has concluded fintech charter review The OCC has concluded its review of bank charter applications and crypto-related interpretative letters and will be communicating its findings in the...

Nov 04, 2021
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Article
Digital Assets Technology

ICBA to OCC: Take moderate approach to CRA rescission

ICBA to OCC: Take moderate approach to CRA rescission ICBA advocated a moderate approach to the OCC’s rescission of its 2020 Community Reinvestment Act final rule and reinstatement of the 1995...

Nov 01, 2021
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Article
Community Reinvestment Act (CRA)

IRS: Update income in Child Tax Credit portal

IRS: Update income in Child Tax Credit portal The IRS today is launching a new feature allowing any family receiving monthly Child Tax Credit payments to update their income using the Child Tax...

Nov 01, 2021
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Article
Taxes & Budget

SBA: $44.8B in 2021 lending through signature programs

SBA: $44.8B in 2021 lending through signature programs The SBA said its 7(a) and 504 loan programs supported more than 61,000 traditional loans worth $44.8 billion in fiscal 2021. The lending...

Nov 01, 2021
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Article
Lending