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Tag: US regulatory


Regulations

SoFi realises ambition to become national bank with US regulatory approval

January 24, 2022

Via: FinTech Futures

As part of the personal finance firm’s goal of gaining a US banking charter, SoFi announced the acquisition of California’s Golden Pacific Bancorp, and its subsidiary Golden Pacific Bank (GPB), for $22.3 million in March. The firm had filed an […]


Regulations

Visa and Plaid call off $5.3bn merger after US regulatory pressure

January 13, 2021

Via: FinTech Futures

The US Department of Justice (DOJ) filed a civil antitrust lawsuit against the merger back in November. It alleged that Visa’s reason for acquiring Plaid was to take a future competitor out of the market. Now all parties have all […]