Responsible Innovation

Responsible Innovation

The OCC defines Responsible Innovation as the use of new or improved financial products, services and processes to meet the evolving needs of consumers, businesses, and communities in a manner that is consistent with sound risk management and is aligned with the bank's overall business strategy.

The OCC has established an Office of Innovation and has implemented a framework supporting responsible innovation. The office serves as the central point of contact and clearing house for requests and information related to innovation.

At the Office of the Comptroller of the Currency, we are making certain that institutions with federal charters have a regulatory framework that is receptive to responsible innovation and supervision that supports it.

– "Supporting Responsible Innovation in the Federal Banking System: An OCC Perspective"

Office of Innovation at a Glance

Responsible Innovation

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OCC's Responsible Innovation FrameworkShow
Related News and IssuancesShow
Special Purpose National Bank Charter InformationShow
OCC's Innovation InitiativeShow