OCC Moves Ahead with Long-Planned and Much-Discussed Fintech Charter

It’s good news for fintechs in lending and payments that want a federal banking license, the Office of Comptroller of the Currency (OCC) has started accepting applications starting today. The #fintech #charter does not require deposit insurance from the FDIC, per a recommendation from the Treasury Department. The Treasury Department, which today endorsed the idea […]
Bank Innovation