Remove 2009 Remove FDIC Remove Underserved
article thumbnail

FDIC Approves Square For Banking License

PYMNTS

The Federal Deposit Insurance Corporation ( FDIC ) gave the green light to an application from the FinTech firm Square to create a de novo industrial bank in Utah, the agency said on Wednesday (March 18). was formed in 2009 as a payment services provider to enable businesses to accept card payments. Square, Inc.

FDIC 110