Noteworthy developments in payments and fintech - March 2021
By EsqSocial Corporation 16/04/21
Industrial bank charters continue to gain momentum with approval of Square’s charter; payments and tech companies have become interested in industrial banks lately since the FDIC started approving them after a moratorium from 2006. Last month, Square began operation of its Utah industrial bank following its successful completion of the approval process with the Utah Department of Financial Institutions and the FDIC....
By: Eversheds Sutherland (US) LLP