Responsible Innovation

Think: the name of a so-called white paper that will be released Thursday by the Office of the Comptroller of the Currency (OCC) and will attempt to establish a new regulatory framework; providing clear guidelines for fintech companies. Worth Noting: In UK, the Financial Conduct Authority launched “Project Innovate” to help companies work with regulators on how to launch innovative financial products in the market. In US, the Consumer Financial Protection Bureau launched a program called “Project Catalyst” to support fintech startups. Bottom Line: Fintech’s fight for life.