,,ib ,union ,calendar ,no4 #def #aaith  
,,congress  #b;d ,session  ,h4 ,r4 #feeb
 ,report ,no4 #aai-eca ,,in ,,the       
,,house ,,of ,,representatives          
,december #aj1 #bjbe,mr4 ,barr          
introduced the following bill2 which was
 referred to the ,committee on          
,financial ,services  ,february #be1    
#bjbf;,additional sponsors3 ,mr4        
,gottheimer1 ,mr4 ,sessions1 ,mr4       
,davidson1 ,mr4 ,moskowitz1 ,mr4 ,moore 
of ,north ,carolina1 and ,mr4 ,lawler   
,february #be1 #bjbf,reported with an   
amendment1 committed to the ,committee  
of the ,whole ,house on the ,state of   
the ,union1 and ordered to be           
printed,strike out all after the        
enacting clause and insert the part     
printed in italic,for text of introduced
 bill1 see copy of bill as introduced on
 ,december #aj1 #bjbe  ,a ,,bill  ,to   
require the ,board of ,governors of the 
,federal ,reserve ,system1 the          
,comptroller of the ,currency1 and the  
,federal ,deposit ,insurance            

,corporation to study how partnerships  
between fintechs and banking            
organizations can support new banking   
organization formation and community    
bank health1 and for other purposes4    
#a4 ,short title ,this ,act may be cited
 as the ,bank-,fintech ,partnership     
,enhancement ,act4  #b4 ,study on       
bank-fintech partnerships  7a7 ,study   
,the ,board of ,governors of the        
,federal ,reserve ,system1 the          
,comptroller of the ,currency1 and the  
,federal ,deposit ,insurance            
,corporation shall carry out a study    
of-- 7#a7 the impact of partnerships    
between banking organizations1 on the   
one hand1 and financial technology      
companies1 on the other hand1 on the    
banking sector1 competition1 innovation1
 consumer protection1 and the           
availability of financial products and  
services1 including the extent to which 
these partnerships support the formation
 of new banking organizations1 reduce   
time to market for products and         

services1 lower compliance burdens1     
boost customer acquisition1 improve     
technological capabilities1 and provide 
access to more diverse funding sources2 
and  7#b7 what changes to ,federal laws 
governing banking organizations1 or to  
rules or guidance adopted by the ,board 
of ,governors of the ,federal ,reserve  
,system1 the ,comptroller of the        
,currency1 or the ,federal ,deposit     
,insurance ,corporation1 may help       
promote effective partnerships between  
banking organizations1 on the one hand1 
and financial technology companies1 on  
the other hand4  7b7 ,report ,not later 
than #a year after the date of enactment
 of this ,act1 the ,board of ,governors 
of the ,federal ,reserve ,system1 the   
,comptroller of the ,currency1 and the  
,federal ,deposit ,insurance            
,corporation shall issue a report to    
,congress containing all findings and   
determinations made in carrying out the 
study required under subsection 7a74    
7c7 ,banking organization defined ,in   

this section1 the term banking          
organization means a depository         
institution holding company or an       
insured depository institution1 as such 
terms are defined1 respectively1 under  
section #c of the ,federal ,deposit     
,insurance ,act 7#ab ,u4,s4,c4 #ahac74  
#c4 ,study on credit union-fintech      
partnerships  7a7 ,study ,the ,national 
,credit ,union ,administration shall    
carry out a study of-- 7#a7 the impact  
of partnerships between credit unions1  
on the one hand1 and financial          
technology companies1 on the other hand1
 on the credit union sector1            
competition1 innovation1 consumer       
protection1 and the availability of     
financial products and services1        
including the extent to which these     
partnerships support the formation of   
new credit unions1 reduce time to market
 for products and services1 lower       
compliance burdens1 boost customer      
acquisition1 improve technological      
capabilities1 and provide access to more

 diverse funding sources2 and  7#b7 what
 changes to ,federal laws governing     
credit unions1 or to rules or guidance  
adopted by the ,national ,credit ,union 
,administration1 may help promote       
effective partnerships between credit   
unions1 on the one hand1 and financial  
technology companies1 on the other hand4
  7b7 ,report ,not later than #a year   
after the date of enactment of this     
,act1 the ,national ,credit ,union      
,administration shall issue a report to 
,congress containing all findings and   
determinations made in carrying out the 
study required under subsection 7a74    
,february #be1 #bjbf,reported with an   
amendment1 committed to the ,committee  
of the ,whole ,house on the ,state of   
the ,union1 and ordered to be printed