United States: In A Win For FinTech, New FDIC Rule Clarifies Industrial Bank Application Process

Retrieved on: 2020-12-23 10:06:59

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Federal government of the United States

Agencies of the United States government

Finance

Bank regulation in the United States

Federal Deposit Insurance Corporation

Financial services in the United States

Industrial loan company

Jelena McWilliams

Deposit insurance

Temporary Liquidity Guarantee Program

Donna Tanoue

The Federal Deposit Insurance Corporation

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United States: In A Win For FinTech, New FDIC Rule Clarifies Industrial Bank Application Process. View article details on HISWAI: https://www.mondaq.com/unitedstates/corporate-and-company-law/1019480/in-a-win-for-fintech-new-fdic-rule-clarifies-industrial-bank-application-process

Excerpt

The Final Rule is of particular importance to FinTech companies, as it provides a path forward for such companies to provide federally-insured banking ...

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