The OCC's approval of SmartBiz buying a bank opens the door to other fintech M&A deals for accessing bank charters, which can ...

On March 17, the Office of the Comptroller of the Currency (OCC) announced that the agency granted conditional approval for a leading FinTech ...

I. Rate of interest: As mentioned above, banks tend to charge slightly lower interest rates on loans they disburse in comparison to fintech platforms. II. Hidden charges: Although any financial ...

FinTech firms are designed to compete with mainstream banks, as they can utilise innovative technology to perform tasks and provide financial services, including lending, payments, and investments, ...