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Fintechs have expanded their financial services offerings to the point where many now resemble traditional financial institutions, but securing a U.S. bank charter has remained elu...
Bastion Platforms National Trust Company will offer stablecoin custody and wallets, payment infrastructure and white-label issuance from a single federally regulated entity. Stable...
Cash App’s parent is joining a parade of fintechs seeking to become national banks as the Office of the Comptroller of the Currency allows more leeway for such licenses.
Ramp has applied to the Office of the Comptroller of the Currency (OCC) for a national trust bank charter, the company said yesterday (Monday). The $60 billion corporate card firm...
Ramp applied with the Office of the Comptroller of the Currency for a national trust bank charter on Friday.
The Independent Community Bankers of America (ICBA) has taken its long-running opposition to the Office of the Comptroller of the Currency’s (OCC) chartering of cryptocurrency comp...
The proposed Builders Bank would offer federally supervised digital asset custody but would not accept deposits or issue loans.Jack Dorsey’s payments company Block seeks to establi...
Read the latest update on Bastion Wins Conditional OCC Approval For National Trust Bank Charter.
On October 2, a community banking trade association filed a lawsuit against the OCC in the U.S. District Court for the District of Columbia, challenging the agency's authority to g...
Three companies have recently received conditional approval for U.S. national trust bank charters: B...
·Cardoso says objective is to build stable, internationally connected financial system ·Apex bank seeks public feedback to close gaps in financial reforms, improve policy delivery...
Modern Treasury, which provides infrastructure for global money movement, today announced that it has submitted an application to the Office of the Comptroller of the Currency (“OC...
Bitcoin Magazine Jack Dorsey’s Block Becomes Latest Bitcoin-Focused Company To Apply for Banking Charter Block wants the banking license so it can open Builders Bank, which would...
The buy now, pay later provider wants a U.S. charter from the Office of the Comptroller of the Currency amid new state rules.
Image of Sarah Breeden, sourced from the Bank of England's Flickr resource and published here under
Ramp has become the latest fintech to apply for a US national bank charter, enabling the expense management platform to offer fiduciary investment management and custody of digital...
The payments infrastructure company is seeking federal approval to offer stablecoin custody and related fiat services through a limited-purpose national trust bank. Payments infras...
Elias Schisgall / Wall Street Journal: Block says it has submitted an application to US regulators to establish a federally regulated, uninsured national trust bank called Builders...
The UK government has appointed six banks to lead its first digital gilt issuance, with the pilot expected by the first quarter of 2027. HM Treasury announced on Oct. 6 that Barcla...
The move makes Barclays the first major bank in a decade to open new branches amid the tidal wave of online banking.
Block’s proposed national trust bank would bring digital-asset custody in-house and reduce reliance on partner banks and state licenses. Continue reading at DailyCoin.
The money movement platform received a $155 million investment to buy Transact Bank so it can offer payments clients banking services.
Paige Smith / Bloomberg: Ramp says it applied to the US OCC for a trust bank charter that, if approved, would allow it to offer fiduciary investment management and digital asset cu...
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