New Type of Banking Licence to Serve FinTech Startups

new finTech startup banking

US FinTech Sector Set to Grow as OCC Provides Avenue to Test

The OCC (Office of the Comptroller of the Currency), which is a sub-branch of the U.S. Department of Treasury, last year stated that it would look into granting financial technology (FinTech) companies with Special Purpose National Bank Charters. Since that declaration, it has now begun to actively engage players in the industry to...

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