WASHINGTON — The payments processor Square confirmed Thursday that it has withdrawn its application to open a depository bank, although it plans to refile with a top regulator at a later date.
WASHINGTON — The Independent Community Bankers of America is formally opposing a bank charter application by the payments processor Square, accusing it of trying to “avoid” certain “legal prohibitions ...
There has been growing chatter that Square (NYSE: SQ) may soon receive approval regarding their application to become an Industrial Loan Company (ILC) which is similar to a bank. The change of ...
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