Bank Charters Surge in Fintechs

In a recent discussion with Adam West of CardRates.com and BadCredit.org, Qolo’s COO Rouzbeh Rotabi pulls back the curtain on one of the hottest trends in finance: fintechs applying for bank charters. They explore the drivers behind this movement, from a shifting regulatory landscape to the pure economics of scale. Rouzbeh offers his candid take on the massive opportunities and the underestimated compliance risks involved. Read the full article to understand how this trend is reshaping the relationship between banks and fintechs and what it signals for the future of payments.

Read the full article here.

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