The Latest, Oldest Thing in Banking

New technology is revolutionizing the industry. But now, tech companies are going after the oldest thing in banking: a charter. Financial technology firms, born from dislocation during the Great Recession and built with a digital-first approach to banking and money, are on a mission to disrupt – and improve – the bank space. A select few fintechs have decided to make a go of it by acquiring or applying for a bank charter, with some success. Startups such as digital-only banking company Varo Money have joined New York Stock Exchange-traded company Square to win approval from banking regulators in their…

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Kiah Lau Haslett

Banking & Fintech Editor

Kiah Lau Haslett is the Banking & Fintech Editor for Bank Director. Kiah is responsible for editing web content and works with other members of the editorial team to produce articles featured online and published in the magazine. Her areas of focus include bank accounting policy, operations, strategy, and trends in mergers and acquisitions.

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