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The OCC's 376-page proposed rule under the GENIUS Act is converting stablecoin policy into binding compliance requirements with formal issuer categories. Paxos, BitGo, and Ripple all received OCC trust charter approvals, but a trust charter does not guarantee Fed payment rail access. Klarivis data shows deposit movement from stablecoin-adjacent products is already measurable at community banks. The 26-month application timeline puts anyone starting today against a potential administration change, and sponsor bank programs face new pressure from charter competition and yield-based products.Bank charter confusion, trust charter risks, and Fed Master Account access gaps are creating real problems for fintech operators, sponsor banks, and community bank executives right now. Tedd Huff, CEO of fintech advisory firm Voalyre and founder of Fintech Confidential, and co-host Steve Bishop sit down on Inside the Vault with three former and current regulatory insiders: Syed Raza, former Acting Chief Innovation Officer at the OCC and Managing Director at FTI Consulting; Michele Alt, Co-Founder and Managing Director at Klaros Group; and Ian Moloney, Chief Policy Officer at the American Fintech Council.Find out more1️⃣ Answer four questions before filing: who grants the charter, what powers it includes, what activities are limited, and who examines the institution.2️⃣ Start compliance documentation now; controls, funds flow maps, and exception handling should be ready before the examiner asks.3️⃣ Read the conditions attached to charter approvals; those conditions reveal what regulators did not trust in the application.4️⃣ Align cost sharing, control ownership, and data ownership with your partner before examination forces the conversation.5️⃣ Price the M&A path into your charter strategy; the 26-month timeline means the political window may close before your application clears.Guest LinksSyed RazaFTI ConsultingMichele AltKlaros GroupIan MoloneyAmerican Fintech CouncilSteve BishopFintech ConfidentialPodcast: https://fintechconfidential.com/listenNotifications: https://fintechconfidential.com/accessLinkedIn: https://www.linkedin.com/company/fintechconfidentialX: https://x.com/FTconfidentialInstagram: https://www.instagram.com/fintechconfidentialFacebook: https://www.facebook.com/fintechconfidentialSupportersUnder: Streamline your application and underwriting process by digitizing PDFs for digital signature. under.io/ftcSkyflow: Zero-trust data privacy vault delivered as an API covering PCI, CCPA, GDPR, and SOC 2 compliance. skyflowsecure.comHawk AI: Real-time payment screening, ML transaction monitoring, and dynamic customer risk rating to fight fraud and financial crime. gethawkai.comAbout the GuestsSyed Raza is a Managing Director at FTI Consulting with over 30 years in risk management and regulatory compliance. He previously served as Acting Chief Innovation Officer at the OCC, guiding regulatory policy for fintech licensing.Michele Alt is Co-Founder and Managing Director at Klaros Group. She spent 22 years in the OCC Law Department and advises banks and fintechs on charter applications, regulatory strategy, and bank design.Ian Moloney is Chief Policy Officer at the American Fintech Council. He previously led policy and regulatory affairs at Cross River and served as a Senior Analyst at the U.S. Government Accountability Office.About the Co-HostSteve Bishop is Founder and Chief Ally at amBaaSsador, an education and advisory platform focused on embedded finance and Banking-as-a-Service for financial institutions.About the HostTedd Huff, CEO of fintech advisory firm Voalyre and host of Fintech Confidential. Fintech Confidential is a production of DD3 Media, bringing you the people, tech, and companies that change how you pay and get paid.Chapters00:00 Episode Highlights00:36 Welcome to Fintech Confidential03:31 Sky Flow: Building Fast and Secure (Sponsor)04:33 What a Charter Means07:06 OCC Rules and Stablecoins09:43 Why Trust Charters Boom13:50 Under.io: AI-Powered Onboarding & Risk Verification (Sponsor)14:20 Fed Master Account Gap17:59 Sponsor Banking Under Pressure22:15 What to Watch Next25:28 Action Steps and Wrap27:50 Hawk.ai: AI-Driven Financial Crime Detection (Sponsor)28:36 Disclaimer#bankcharter #trustcharter #fintech #occ #stablecoin #geniusact #fedmasteraccount #sponsorbank #baas #fintechregulation #communitybank #bankingcompliance #fintechpolicy #occcharter #depositinsurance #stablecoinyield #bankholding
Kanawha County Prosecutor Deb Rusnak on the John Lucas case, Angie Gillenwater from the Kanawha Charleston Humane Association with this week's "Adopt Me Please" Pet of the Week, Steve Bishop and Jenny Murray on the V100 Yard Sale, candidate for Putnam County BOE Sarah Brown, Ric Cavender and Lauren Hatcher from Charleston Urban Works on Foam at the Dome.
In this episode of the ORX Operational Risk Podcast, Steve Bishop, Research and Information Director, is joined by Helen L'Abbate, Research and Information Deputy Director and Nikki Truss‑West, Research Senior Manager, to discuss findings from the 2026 Operational Risk Horizon and Cyber Horizon studies. The research explores why Horizon feels closer, how cyber threats are evolving, and what firms can do now to strengthen resilience. What we cover in this episode: Agility and resilience: What risk teams need today Cyber Horizon 2026: What's changing. Interconnectivity: How risks influence one another How firms are using the Horizon report Episode Resources: ORX members and ORX Lite subscribers can read our full version of the Operational Risk Horizon 2026 report here: https://orx.org/resource/operational-risk-horizon-2026. Non-members can download a free summary of our report to find out more: https://orx.org/download/operational-horizon-risk-2026?hsCtaAttrib=206975921927. Available for all, find out more about Horizon by reading our blogs: Operational Risk Horizon in 2026: Emerging threats and industry priorities: https://orx.org/blog/operational-risk-horizon-in-2026-emerging-threats-and-industry-priorities Uncertainty dominates operational risk planning in the finance sector: https://orx.org/blog/uncertainty-dominates-operational-risk-planning-finance ORX Cyber subscribers can access the full Cyber Horizon 2026 report here: https://orx.org/resource/cyber-horizon-2026.
In this episode of the ORX Operational Risk Podcast, host Steve Bishop is joined by Luke Carrivick and Simon Wills delve into the refresh of our Strategic Vision for Operational and Non-Financial Risk (ONFR). The discussions centre on the evolution of the Vision, its significance for the risk management community, and the steps risk leaders can take to strengthen resilience and achieve strategic success through 2026 and beyond. The updated Vision reflects the changing risk landscape, influenced by factors such as geopolitical volatility, digital transformation, and increased interconnectivity. Key actionable strategies for risk leaders highlighted in the podcast Assess your ONFR framework – ensure alignment with the refreshed Vision. Invest in digital risk management – build technology and leverage AI and data for speed and scale. Engage with peers – participate in ORX forums and the community to share and learn. Episode resources Available to all: Download the updated ORX Vision: https://orx.org/resource/strategic-vision-operational-non-financial-risk Read our blog on ‘How our vision for operational and non-financial risk management has evolved in 2025': https://orx.org/blog/vision-operational-and-non-financial-risk-managment-evolved-in-2025 Read our blog on ‘Advancing operational risk management: Insights from RiskMinds' where we share about the Vision refresh: https://orx.org/blog/advancing-operational-risk-management-insights-from-riskminds To find out more about ORX Membership, ORX subscription services, and access other operational risk resources, just search ‘ORX' or visit: www.orx.org.
In this episode of the ORX Podcast, host Steve Bishop is joined by Luke Carrivick and John Bosnell to unpack the European Banking Authority's (EBA) newly published Operational Risk Event Taxonomy. They explore why this update is so significant for financial institutions and how it compares to our own ORX Operational Risk Taxonomy. The episode highlights ORX's role in shaping the taxonomy, the practical implications for firms already using our taxonomy, and how new attributes like legal, third party, and ESG risks enhance risk categorisation. Topics covered: Challenges and opportunities of the EBA taxonomy How ORX responded to the new EBA Practical advice for firms preparing for the transition Ongoing ORX risk standards for the global industry, including for 2026 Below are links to further resources referenced in the podcast. Read our blog on ‘ORX responds to EBA taxonomy proposal' on our website, where it's accessible to all. You can visit it here: https://orx.org/blog/orx-responds-to-eba-taxonomy-proposal For further information regarding our EBA resources or the ORX Risk Event Taxonomy, both available exclusively to ORX members, please refer to the links provided below: Blog: https://orx.org/blog/orx-responds-to-eba-taxonomy-proposal Reference Taxonomy: https://orx.org/operational-risk-reference-taxonomy Taxonomy guidance: https://orx.org/blog/orx-reference-taxonomy-guidance-enhanced-for-2023 The podcast also highlights our ORX libraries, which are accessible to ORX members via the links provided below: Reference Control Library: https://orx.org/resource/orx-reference-control-library Reference Risk Indicator Library: https://orx.org/resource/reference-risk-indicator-library Reference Process Service Library: https://orx.org/resource/orx-reference-process-service-library The Scenario Library, accessible to ORX Scenario subscribers, serves as a valuable resource for users to benchmark their internal scenarios against the industry. Visit the library here: https://orx.org/orx-scenarios/library. To find out more about ORX Membership, ORX subscription services, and access other operational risk resources, just search ‘ORX' or visit: www.orx.org.
Join Steve for some great music you haven't heard in a while!
Join Steve for some great music you haven't heard in a while!
Join Steve for some great music you haven't heard in a while!
On this week's episode of Inside West Virginia Politics, our guests join Rick Johnson to discuss West Virginia flood recovery, an opioid settlement, a special West Side dinner and Steve Bishop's milestone.
Join Steve for some great music you haven't heard in a while!
Senator Shelley Moore Capito, Delford Chafin on West Virginia International Film Festival, and Steve Bishop on his 45th anniversary here.
Join Steve for some great music you haven't heard in a while!
Join Steve for some great music you haven't heard in a while!
Join Steve for some great music you haven't heard in a while!
Join Steve for some great music you haven't heard in a while!
Join Steve for some great music you haven't heard in a while!
Join Steve for some great music you haven't heard in a while!
Join Steve for some great music you haven't heard in a while!
Join Steve for some great music you haven't heard in a while!
Join Steve for some great music you haven't heard in a while!
Join Steve for some great music you haven't heard in a while!
Join Steve for some great music you haven't heard in a while!
Join Steve for some great music you haven't heard in a while!
In this episode of the ORX Operational Risk Podcast, Steve Bishop, Research and Information Director, is joined by Simon Wills, Senior Board Advisor, and Mike Constantinou, ORX Consultant, to share their highlights from our Governance and Management Structure Study. Building on the foundations laid out in ORX's Vision for ONFR paper, this episode dives into the nine key trends in our latest Governance and Management Structures Study. Through in-depth interviews with 20 risk leaders across the ORX Membership, the study uncovered topics shaping ONFR governance today, from structural shifts and role clarity across the three lines of defence, to the rise of unified ONFR frameworks and the growing strategic influence of ONFR functions. ORX members can download the full Governance and Management Structure Study here: https://orx.org/resource/governance-and-management-structure-study Available for ORX members and non-members you can read more about our Vision paper here: https://orx.org/podcast/vision-future-of-operational-risk-financial-services Our podcast on the Vision is also available to listen to here: https://orx.org/podcast/vision-future-of-operational-risk-financial-services To find out more about ORX Membership, visit our website: https://orx.org/
Join Steve for some great music you haven't heard in a while!
Join Steve for some great music you haven't heard in a while!
Join Steve for some great music you haven't heard in a while!
Steve Bishop used to be a youth probation officer. He wanted to help young people navigate out of a juvenile justice system he knew was flawed. Now, as the Associate Director for Probation and System Transformation at the Annie E. Casey Foundation, Steve works to transform youth probation systems around the country – from one that punishes making mistakes in ways that leave young people worse off and neighborhoods less safe to one that holds kids accountable for their actions by steering them toward the guidance and support that can help them grow into responsible adults. In this eye-opening conversation with host Maya Rupert, Steve talks about how we can create a more just and restorative system that’s steeped in relationships, trust, and community. This episode was made possible with support from the Annie E. Casey Foundation, an organization that develops solutions to build a brighter future for children, youth, families and communities. Learn more at aecf.org.See omnystudio.com/listener for privacy information.
The juvenile court system in Pierce County, Washington recognizes that most youth who get in trouble with the law can get back on track without incarceration. And they're more likely to thrive in their own communities than in detention. Kevin Williams, Manager of Probation Services for Pierce County Juvenile Court, and Steve Bishop, Associate Director for Probation and System Transformation at the Annie E. Casey Foundation, talk with host Maya Rupert about what probation transformation looks like in action. And how accountability through relationships with community members is what builds and promotes long-term community safety. This episode was made possible with support from the Annie E. Casey Foundation, an organization that develops solutions to build a brighter future for children, youth, families and communities. Learn more at aecf.org.See omnystudio.com/listener for privacy information.
Steve Bishop used to be a youth probation officer. He wanted to help young people navigate out of a juvenile justice system he knew was flawed. Now, as the Associate Director for Probation and System Transformation at the Annie E. Casey Foundation, Steve works to transform youth probation systems around the country – from one that punishes making mistakes in ways that leave young people worse off and neighborhoods less safe to one that holds kids accountable for their actions by steering them toward the guidance and support that can help them grow into responsible adults. In this eye-opening conversation with host Maya Rupert, Steve talks about how we can create a more just and restorative system that’s steeped in relationships, trust, and community. This episode was made possible with support from the Annie E. Casey Foundation, an organization that develops solutions to build a brighter future for children, youth, families and communities. Learn more at aecf.org.See omnystudio.com/listener for privacy information.
A True Friend, A Stoner & a former Prince Albert Haver The Gruff episode: Recorded August of 2024. (Friendcheck #8, American Timelines # 231) Steve Bishop aka Gruff from the Gruff & Loud Show is an Ohioan, a Stoner, a Damn Good Friend, and once had a Prince Albert. Before we move any further down the friend check path, let's take a pause and get to know the co-host of the Friend Check episodes a little better: Gruff. Listen as we diescuss the recent legalization of recreational marijuana in Ohio and how it affects Gruff's enjoyment. We also share our nostalgic reflections on our childhood, school experiences, and our creative collaborations and Gruff's body modifications, our time as night guards at Bowling Green State University, and potential future interactions. Friend Check is a subseries of American Timelines, where a middle aged man scours his Facebook friend list to reconnect with each person and ask….Are we ACTUALLY friends? Why are we Facebook friends? Who actually ARE you? What stories do you have? Should we STAY Facebook Friends?
We start out our show with Dr. Ayne Amjad talking about the new documentary "Impossible Town," which looks at chemical contamination in the West Virginia Town of Minden. The town's issues have been going on for decades due to a chemical with cancer-causing PCBs contaminating the water and soil.In our second segment, we continue our look into "Impossible Town," with the documentary's co-producers, Scott Faris and Meg Griffiths. We'll hear from Faris and Griffiths about putting the film together and its importance in bringing awareness to the deadly contamination issues the people of Minden face.For segment three, Mark sits down with George Manahan to discuss and the annual Fox Trot for Parkinson's Research events, which take place Saturday, Oct. 7 in Charleston and Saturday, Oct. 14 in Huntington. Manahan says everyone is welcome to register for the event, which raises money for the Michael J. Fox Foundation to raise money for research on Parkinson's disease. Manahan also discusses a bill in Congress that could help expand rural healthcare, which would also impact healthcare treatment for Parkinson's and similar diseases in rural communities.In our final segment, this weeks, we talk to West Virginia Broadcasting Hall of Fame board member Tom Restler about the 2023 Hall of Fame induction coming up Tuesday, Oct. 3 at the Museum of Radio & Technology in Huntington. This year's inductees include founding member of the Mountaineer Sports Network Mike Parsons, WVRC Media's Joe Parsons, Broadcast Attorney and Engineer Tom Taggart, V100 Radio's morning team Steve Bishop and Jenny Murray, and posthumously Radio DJ Jay Jarrell.
In this episode, Clarence and Stephen catch up for Stephen's last full episode of the podcast for a few weeks while he's out on parental leave. Then, we're getting back on the region side of things. They welcome Florida Region Executive Director and President Steve Bishop (10:40 - 1:00:33) to the show. They chat about his background in volleyball, his upcoming motorcycle trip and learn more about volleyball in the Florida Region. Then, they take a deep dive into the history and success of the All-Star Championship.
Staying in Florida and sitting down with The President / Exec. Director of USVBA Florida, Steve Bishop to talk Volleyball, Coaches Education, and Partnering with High Schools. Steve is a NATIONAL Leader and today he shares his story and more on The Educational AD Podcast! --- Send in a voice message: https://podcasters.spotify.com/pod/show/educational-ad-podcast/message Support this podcast: https://podcasters.spotify.com/pod/show/educational-ad-podcast/support