Bank Charter news and trends

Bank Charters Are Reshaping Who Can Compete for Consumer Deposits
Banking // February 10, 2026

Bank charters represent the operating system (OS) for the U.S. financial sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

Varo Awarded FinTech National Charter
Digital Banking // July 31, 2020

Colin Walsh got lots of laughs five years ago when he talked of his intention to launch a financial technology (FinTech) startup. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

FDIC Approves Square For Banking License
Banking // March 19, 2020

The Federal Deposit Insurance Corporation (FDIC) gave the green light to an application from the FinTech firm Square to create a de novo industrial bank in Utah, the agency said on Wednesday (March 18). Get the Full Story Complete the form to unlock this article...

Bitcoin Daily: Avanti Preparing To Apply For Banking Charter; NJ Lawmaker Introduces Regulatory Rules On...
Bitcoin // February 25, 2020

A “future bank” focused solely on providing regulated services for digital assets is preparing to start, according to Coindesk on Monday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Interviews & Exclusives
Bank Charters Are Reshaping Who Can Compete for Consumer Deposits

February 10, 2026
Bank charters represent the operating system (OS) for the U.S. financial sector. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from […]

Quick Reads
Revolut Files for US Bank Charter, Names Duransoy as US CEO

March 05, 2026
Revolut, the London-based global FinTech with 70 million customers, took its most decisive step yet into the American market Thursday (March 5), filing for a national bank charter with the U.S. Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC). Get the Full Story Complete the form to unlock […]

Varo Awarded FinTech National Charter

July 31, 2020
Colin Walsh got lots of laughs five years ago when he talked of his intention to launch a financial technology (FinTech) startup. Get the Full Story Complete the form to...

FDIC Approves Square For Banking License

March 19, 2020
The Federal Deposit Insurance Corporation (FDIC) gave the green light to an application from the FinTech firm Square to create a de novo industrial bank in Utah, the agency said...

Bitcoin Daily: Avanti Preparing To Apply For Banking Charter; NJ Lawmaker Introduces Regulatory Rules On...

February 25, 2020
A “future bank” focused solely on providing regulated services for digital assets is preparing to start, according to Coindesk on Monday (Feb. 24). Get the Full Story Complete the form...