Fintechs Now Can Apply for National Bank Charters: Update—Has the Train Stalled?
- Date:May 24, 2017
- Research Topic(s):
- Commercial & Enterprise
- PAID CONTENT
Overview
Further definition is available, but potential roadblocks await
The U.S. Office of the Comptroller of the Currency has doubled down on its intent to grant special purpose national bank charters to financial technology companies (fintechs). However, it is unknown if and how new OCC leadership will interpret the initiative. Meanwhile, state regulators have introduced a lawsuit to prevent implementation.
Book a Meeting with the Author
Related content
March 24, 2026
Instant, Faster and Same Day Payments: Where Speed is Grabbing Share
Ten years after the Federal Reserve set the U.S. faster-payments agenda in motion, the market is beginning to show what fit-for-purpose adoption looks like in practice. This report...
February 25, 2026
One Year On: Tariff Impacts on U.S. Imports and What They Mean for Treasury and Payments
The 2025 tariff regime triggered sharp, policy driven shifts in U.S. import patterns, with tariffs reliably pushing trade away from high duty lanes and toward lower duty or exempte...
January 23, 2026
Faster Funds by Fiat: A Global Comparison of Payment Timing Regulations
Governments want big businesses to pay suppliers faster, and they are using legislation to influence payment timing, with varying degrees of success. This report categorizes the ma...
Make informed decisions in a digital financial world