AI accelerating, complicating bank charter applications
While AI is accelerating charter applications as fintechs work to prove regulatory prowess and accelerate growth, it also opens the door to increased scrutiny. ...
Tag: charters
Advice to fintechs: Don’t lead with AI when lobbying feds
Fintechs must be careful about how they discuss AI when lobbying federal regulators in the wake of President Donald Trump’s recent ...
Affirm joins companies seeking US bank charters under Trump
Affirm Holdings Inc. said it applied for a limited bank charter to help roll out additional financial-technology products for the ...
Dutch fintech Bunq reapplies to become a bank in the US
The Dutch fintech Bunq BV applied to become a US bank two years after rescinding a previous application made under ...
Interactive Brokers is latest fintech to apply for bank license
Retail trading platform Interactive Brokers Group is the latest tech provider to apply for a banking license. “On Dec. 18, 2025, Interactive Brokers filed for ...
Fintech Mercury applies for banking license
Mercury Technologies said today it applied for a national bank charter and federal deposit insurance, a move that would allow the ...
SoFi rises after regulator approves U.S. bank charter
SoFi Technologies Inc., the financial firm led by former Twitter Inc. executive Anthony Noto, surged after the Office of the ...
Without a ‘blue wave,’ Biden’s fintech policies remain unclear
President-elect Joe Biden is set to take over the White House in January, and the financial services industry is awaiting ...
OCC to use new data to reach underbanked
The Office of the Comptroller of the Currency wants to use new data sources to determine creditworthiness and give underbanked ...
6 ways the FDIC is fostering fintech innovation, diversity and inclusion
The Federal Deposit Insurance Corporation (FDIC) has taken steps to promote fintech partnerships and diversity and inclusion within the financial ...
