The OCC has statutory authority, regulations, and policies that govern its review and decision making with respect to chartering national banks, including special purpose national banks. That authority includes companies that engage in one of the core banking functions (paying checks, lending money, ...
and not the phone’s lock screen, which Apple does not provide an API for, nor would it likely to be approved as part of its review process. Amitay added that that app was anonymizing that user data, and putting it toward “improving effectiveness...
OCC bank examiners review the activities of national banks and assess the safety and soundness of banks. In conducting their safety and soundness reviews, they gauge the bank’s exposure to various risks, including market risk, credit risk, liquidity risk, and legal risk. Moreover, they review...