FinTech companies are getting support from the Office of the Comptroller of the Currency, the main banking regulator, which wants to give FinTechs a charter. And against that desire by the regulatory body, the charters have been defined as “limited purpose” with what American Banker termed “high standards...
November 23, 2017
New York Venture Bank, a new financial institution (FI) created by big names in the financial services industry, has applied for a national bank charter. According to a Wednesday (Nov. 22) report by American Banker, New York Venture Bank, which will be headquartered in New York, needs the nod of the Office of the Comptroller of […]
December 05, 2016
FinTech companies are getting support from the Office of the Comptroller of the Currency, the main banking regulator, which wants to give FinTechs a charter. And against that desire by...