industrial loans

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

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...

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Why The ICBA Doesn’t Want Square To Be A Bank
Why The ICBA Doesn’t Want Square To Be A Bank
October 17, 2017  |  Alternative Finances

Despite the fact that they are currently being hotly pursued by technologists, the Industrial Loan Charter (ILC) is not exactly a new idea. The concept – originally...

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