{
  "id": 1501072,
  "title": "Federal Regulators Reach Deadline to Identify FinTech Barriers",
  "url": "https://urgent.news/2026/08/17/federal-regulators-reach-deadline-to-identify-fintech-barriers",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-17T15:07:26.000Z",
  "source": {
    "name": "PYMNTS",
    "slug": "pymnts",
    "url": "https://www.pymnts.com/legal/2026/federal-regulators-reach-deadline-identify-fintech-barriers/"
  },
  "original_language": "en",
  "account": null,
  "summary": "Federal regulators have been given a deadline of August 17 to identify barriers that may impede FinTech competition, as outlined in a May 19 executive order from President Donald Trump. The mandate covers six financial regulators, including the Consumer Financial Protection Bureau, Securities and Exchange Commission, National Credit Union Administration, Commodity Futures Trading Commission, Federal Deposit Insurance Corp., and Office of the Comptroller of the Currency. The review aims to examine obstacles that FinTechs face when partnering with regulated financial institutions, as well as application processes for bank charters, credit union charters, deposit insurance, and other federal licenses or registrations. Changes to third-party risk supervision could also impact how banks evaluate FinTech partners. The deadline does not require regulators to release their reviews, but at least one agency, the CFTC, has already issued a request for information to support amended guidance, policy statements, or regulations. Additionally, the Federal Reserve has a separate deadline of September 16 to report on whether uninsured depositories and nonbank FinTechs should have more direct access to Federal Reserve payment accounts and services.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}