Friday , October 18, 2024

Search Results for: fintechs

The Feds Plan To Create a National Bank Charter for Fintech Companies

The U.S. Treasury Dept.’s Office of the Comptroller of the Currency, which regulates national banks, plans to create a special-purpose national bank charter for financial technology companies, a booming field in which payments firms play prominent roles. Comptroller of the Currency Thomas J. Curry divulged the planned charter during a speech Friday at …

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A Brighter Day for Cross-Border Payments

For too long, companies have suffered with substandard service. New firms with new technology are about to change all that for the better, says Karla Friede. Any company that does business with suppliers in different countries knows the pain of making cross-border payments. Domestic supplier payments are difficult enough. Cross-border …

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