bank charters Archives

On the heels of digital banking startup Varo Money applying for a banking license with the Federal Deposit Insurance Corporation ...

Fifth Third Bank has applied for a national bank charter

bySuman Bhattacharyya

May 31, 2019

Cincinnati-based Fifth Third Bank has applied for a national bank charter as it expands its suite of products and services. ...

FDIC Chairman Jelena McWilliams at her agency's Fintech and the Future of Banking event in Washington, D.C., on Wednesday.

Fintechs Face Difficult Regulatory Realities on Charters

byJake Martin

April 25, 2019

WASHINGTON, D.C. — Fintechs are having trouble facing reality when it comes to obtaining bank charters, FDIC Chairman Jelena McWilliams ...

SoFi’s Bank Charter Has Almost No Chance, Former SEC Chairman Says

byGrace Noto

September 18, 2017

SoFi’s hopes of becoming a bank have most likely been crushed after the departure of former CEO Mike Cagney, Securities ...

Square to Create Industrial Bank, Square Financial Services Inc

byGrace Noto

September 7, 2017

Mobile payments processor Square is filing an application to create an industrial loan company with the Federal Insurance Corporation. The ...

The Path Not Taken by Simple (Bank) to Remake Finance

byZac Townsend

February 20, 2014

This morning Simple sold for $117M to BBVA. It’s great news for the team and I think it’s going to be ...

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Tag: bank charters

SMB lender OnDeck ‘actively pursuing’ bank charter

Fifth Third Bank has applied for a national bank charter

Fintechs Face Difficult Regulatory Realities on Charters

SoFi’s Bank Charter Has Almost No Chance, Former SEC Chairman Says

Square to Create Industrial Bank, Square Financial Services Inc

The Path Not Taken by Simple (Bank) to Remake Finance

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