IT Examiner School, Providence, RI

Financial Technology aka: FinTech

Customer Segments:  Retail banking, corporate banking, private banking, life insurance, and non-life insurance Interactive form:  C2C (customer-to-customer)  B2C (business-to-customer)  B2B (business-to-business)

Financial Technology aka: FinTech

 OCC offers FinTechs a special- purpose charter  Limits activities  Subject to federal examinations  No deposits- need FDIC approval  State-by-state charter was cumbersome for FinTechs  Financial entities will continue partnering with FinTechs

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