Banking Charter news and trends

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

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 a national level. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Grasshopper Gearing Up To Launch Challenger Bank In New York
Banking // August 09, 2018

Grasshopper, a new bank challenger in New York, is gearing up to go after the banking industry, reported FinTech Futures. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

AI, Security And Loosened Rules: How The US Wants To Boost FinTech
Bank Regulation // July 31, 2018

Loosening federal regulations, enacting national data breach protections and drafting “model laws” at the state level to reduce overlapping red tape, could help promote FinTech in the United States, according to report released Tuesday (July 31) by the U.S. Treasury Department. Get the Full Story...

Maxine Waters Says Regulators Should Consider Shutting Down Wells Fargo
Bank Regulation // October 03, 2017

Maxine Waters, the top Democrat on the House Financial Services Committee, issued a report last week suggesting that regulators might want to consider shutting down the scandal-ridden Wells Fargo. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Quick Reads
Rakuten Applying For US Banking Charter

July 26, 2019
A Japanese FinTech company is applying for a banking charter in the United States, according to a report by American Banker. 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 […]

NY Lawsuit Against FinTech Banking Licenses Can Proceed

May 03, 2019
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 a national level. Get the...

Grasshopper Gearing Up To Launch Challenger Bank In New York

August 09, 2018
Grasshopper, a new bank challenger in New York, is gearing up to go after the banking industry, reported FinTech Futures. Get the Full Story Complete the form to unlock this...

Varo Money Applies For Charter To Become A Mobile-Only Regulated Bank

July 25, 2017
Varo Money, the digital banking fintech that has investment backing from Warburg Pincus, filed for a national banking charter and deposit insurance, putting the Trump administration’s policy to extend bank...