Tom Curry, a partner in Nutter’s Corporate and Transactions Department and co-leader of the Boston-based law firm’s Banking and Financial Services group, has been appointed chair of Milken Institute’s Fintech Advisory Committee. Curry is the former Comptroller of the Currency and was the public official who launched the debate regarding the creation of a Fintech charter. The Office of the Comptroller of the Currency (OCC), has yet to approve a Fintech charter, but the debate continues. Curry left the OCC approximately a year ago and has since entered private practice.
In his role with Milken, Curry will provide guidance and advice to the Institute’s Fintech program, which conducts qualitative and quantitative research on the ability of fintech to broaden and enhance access to capital, promote financial inclusion, and enable greater transparency and more efficient compliance.
Jackson Mueller, who leads the Milken Institute’s Fintech program, stated:
“Fintech is changing the face of financial services. We are honored that Tom is spearheading this effort to better understand the impact of fintech and the role that it can play in addressing persistent economic challenges. Tom’s work in the fintech sector when he was the Comptroller of the Currency underscored the importance of technology in the banking and financial services industry, and he is a highly regarded national thought leader in this area.”
Curry also commented:
“Banking and finance are not static businesses, and must be allowed to evolve. The ability to adapt to meet the changing needs of customers and the marketplace is as critical today as it was 50 or 100 years ago. Simultaneously, we must also be able to responsibly innovate in order to take advantage of the large wave of progress quickly coming our way. Now that online lending and payments technologies are increasingly widespread, we must determine ‘what’s next?’ and that’s exactly where the Fintech Advisory Committee comes in.”