Looking to increase opportunities for banks, the Office of the Comptroller of the Currency’s (OCC) Office of Innovation recently conducted a series of listening sessions about technology and other challenges banks identified in the launch of the Paycheck Protection Program (PPP).
The OCC said the discussions between banks and fintech companies included potential solutions to assist banks in the PPP challenges. Nearly 200 attended the calls.
Read on for details from two of the sessions, regarding back-end processes and payroll determinations.