bank charter

PayPal, Google Give OCC’s Bank Charter The Cold Shoulder

PayPal, Google Give OCC’s Bank Charter The Cold Shoulder
PayPal, Google Give OCC’s Bank Charter The Cold Shoulder
June 17, 2019  |  B2B Payments

The dispute over the Office of the Comptroller of the Currency‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly...

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NY Lawsuit Against FinTech Banking Licenses Can Proceed
NY Lawsuit Against FinTech Banking Licenses Can Proceed
May 03, 2019  |  Bank Regulation

Regulators from New York got the nod from a judge to move forward with their lawsuit aimed at stopping FinTechs from offering banking services on...

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Deep Dive: How Challenger Banks Navigate Licensing Obstacles
Deep Dive: How Challenger Banks Navigate Licensing Obstacles
February 22, 2019  |  Banking

Many challenger banks pursue charters to establish themselves as trustworthy institutions and compete directly with legacy FIs. Yet, pursuing charters can be time-consuming, and comes...

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Five At Five: Would Visa Support Cryptocurrencies?
Five At Five: Would Visa Support Cryptocurrencies?
October 26, 2018  |  News

Welcome to Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest on how Visa views cryptocurrencies,...

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FinTech Firms Courted Abroad, Legal Spat Marks US Bank Charters
FinTech Firms Courted Abroad, Legal Spat Marks US Bank Charters
September 18, 2018  |  B2B Payments

From Abu Dhabi to Singapore, government efforts are underway to court FI/FinTech collaborations. In NY, salvos of lawsuits are being lobbed over FinTech banking charters....

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Varo Money Raises $45M On Quest To Become A Bank
Varo Money Raises $45M On Quest To Become A Bank
January 19, 2018  |  Banking

Mobile banking FinTech Varo Money has raised $45 million in Series B funding as it strives to become a mobile-only regulated bank. Get the Full...

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Sofi Scandal Cost Its Bank Application
Sofi Scandal Cost Its Bank Application
September 18, 2017  |  Legal & Regulation

Online lender SoFi’s sex scandal, which resulted in the company’s chief executive stepping down, is dashing its chances of becoming a bank. Get the Full...

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