2 links tagged with all of: fintech + national-bank-charter
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Mercury has applied for a national bank charter with the OCC, appointing Jon Auxier as its chief banking officer and CEO of the proposed bank. The fintech targets startups and plans to enhance its services by becoming an FDIC-insured bank, aiming for greater stability and customer trust.
Mercury Technologies has applied for a national bank charter and deposit insurance, aiming to offer banking services directly instead of through partners. This move aligns with a broader trend among fintech firms seeking regulatory approval under the current administration.