#bank-charter

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US politics
fromTearsheet
2 days ago

Affirm's move to become a bank signals a reconfiguration for the BaaS industry and beyond - Tearsheet

Fintech firms are increasingly pursuing U.S. bank charters, with applications surging under current administration and firms eyeing expanded services and regulatory advantages.
Business
fromEngadget
2 months ago

PayPal applies to become a bank under Trump's looser financial rules

PayPal has applied to form PayPal Bank in the U.S., submitting applications to the FDIC and Utah regulators to offer loans and interest-bearing savings.
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