Fintech: U.S. Bank Regulators Will Shun Fintech Charters Under Biden

Published on Oct 10, 2021

U.S. regulators are likely to rebuff the kinds of fintech bank charters that the Trump administration had embraced meaning new online lenders must find another way to get a toehold in the traditional lending market, according to industry and regulatory sources familiar with the administration’s thinking. In recent days, two fintech companies have withdrawn their […]

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