The Online Lenders Alliance sent a letter to the FDIC, CFPB, and OCC regarding the importance of bank/third-party vendor relationships.
OLA CommsFebruary 25, 2022
The Online Lenders Alliance (OLA) submitted comments to the Consumer Financial Protection Bureau regarding “Small Business Lending Data Collection Under the Equal Credit Opportunity Act…
OLA CommsJanuary 6, 2022
Proposed Third-Party Risk Management Guidelines The Federal Reserve, FDIC and OCC jointly issued proposed guidance on banking organizations’ risk management of third-party relationships. The goal…
CommunicationsOctober 20, 2021
OLA Comment Letter in response to Request For Information Pertaining to the use of Artificial Intelligence and Machine Learning by Financial institutions. OLA responded to…
CommunicationsJuly 1, 2021
OCC rule on Fair Access to Banking Services The OCC announced a final rule to ensure that all legitimate businesses have fair access to banking…
CommunicationsJanuary 4, 2021
OLA Comments in response to CFPB Request For Information (RFI) regarding preventing credit discrimination and building a more inclusive financial system. OLA filed comments with…
CommunicationsDecember 1, 2020
On January 22, 2019, OLA provided comments to the FDIC in response to an Agency RFI on increasing small dollar lending by FDIC regulated institutions.…
OLA StaffJanuary 31, 2019
On Friday, January 18, the Online Lenders Alliance provided the Consumer Financial Protection Bureau our perspective on the operational hardships that would result from the…
OLA StaffJanuary 23, 2019
Recently, the newly created Office of Innovation at the Bureau of Consumer Financial Protection (BCFP) announced changes to its “Trial Disclosure Program”. Under Dodd-Frank, the…
OLA StaffOctober 23, 2018
