Financial Technology
Testimony
TESTIMONY OF MELANIE HALL COMMISSIONER
MONTANA DIVISION OF BANKING AND FINANCIAL INSTITUTIONS
ON BEHALF OF THE
CONFERENCE OF STATE BANK SUPERVISORS TO THE
Fintech
April 26, 2021
The Honorable Sherrod Brown
Chairman
Senate Committee on Banking
Washington, D.C. 20510
The Honorable Patrick Toomey
Ranking Member
Senate Committee on Banking
Washington, D.C. 20510
Testimony
STATEMENT FOR THE RECORD FROM THE
CONFERENCE OF STATE BANK SUPERVISORS TO THE
TASK FORCE ON FINANCIAL TECHNOLOGY OF THE
U.S. HOUSE COMMITTEE ON FINANCIAL SERVICES HEARING ON
Fintech
The CSBS Fintech Industry Advisory Panel (“Advisory Panel”) is designed to support state regulators’ increased efforts to engage with financial services companies involved in fintech.
Fintech
A summarized list of the recommendations of the FIAP regarding changes to state bank supervision.
Fintech
Fintech, short for “Financial Technology,” refers to companies and products using technology to make financial services more efficient.