One of the major obstacles for fintech companies has been going state by state to get licensed; however, regulators are looking to address this problem which would allow fintechs to go to an online portal and check the states they wish to operate in; from there a state could give the fintech approval which would quickly lead to approvals from the rest of the states; this is already available with 10 states today; fintechs will also be able to take care of their examinations more efficiently by taking one exam that is subsequently shared with other states; this is all being made possible by the Conference of State Bank Supervisors as American Banker shares. American Banker