Weekly Fintech Focus

• Bank and credit union industry groups come out against the Fintech Charter, while Comptroller Brooks pushes forward.
• The CFPB plans on issuing a proposed rule to address consumer-authorized access to financial records and data aggregation.
• The CFPB issues an RFI in an effort to expand access to credit and prevent discrimination.
• FinCEN issues an advisory alerting financial institutions to patterns of COVID-19-related cybercrime.
• Three states sue the OCC over its recent valid-when-made rule.
• New York is on the verge of becoming the second state to require TILA-like disclosures for commercial financing.