• Posted By D. Smith
    Sunday, October 01 2017 at 7:14 AM
    Many would ask was paypal really a Bank? but they hold people's money make interest, they demand lots of documents that was the thing paypal over the years received lots of bad press buy yet paypal limited accounts with out no appeal, Amazon would do the same what was people's rights they did things that thry shouldn't
  • Posted By NWIowa Banker
    Friday, September 29 2017 at 12:17 PM
    I think the real challenge here for regulators will not be deciding on whether charters will be granted, but rather, how many financial services will these Fintechs be allowed to offer without being declared a financial institution and subject to the same rules and regs? If they can get enough of them without the burden of a charter, why get the charter.