The Conference of State Bank Supervisors (CSBS) announced that it has launched a major redesign of the Nationwide Multistate Licensing System (NMLS), the core technology platform used by state bank regulators.
The redesign will enable regulators to transform the licensing and supervision of non-bank financial institutions, including fintechs, CSBS said.
Read on for more about what the new technology will mean for regulators and examiners, as well as those non-bank financial institutions who are licensed by NMLS.
TO READ THE FULL STORY
Cover Story: