WASHINGTON — The payments processor Square confirmed Thursday that it has withdrawn its application to open a depository bank, although it plans to refile with a top regulator at a later date.

In 2018, the Office of the Comptroller of the Currency unveiled a specialized bank charter that would not require deposit-taking. But the new charter, tailored for the fintech industry, quickly got ...

Credit card companies release tempting offers on a regular basis. With so many attractive sign-up bonuses, it might seem hard to resist applying for them all. However, bank application rules and the ...

On October 15, the OCC announced it had granted conditional approval for an application to charter a new bank, making it the first de novo bank application to receive preliminary conditional approval ...

With close to a decade of writing and editing experience, Maisha specializes in service journalism and has produced work in the lifestyle, financial services, real estate, and culture spaces. She uses ...