Bank Innovation
MAY 31, 2019
Cincinnati-based Fifth Third Bank has applied for a national bank charter as it expands its suite of products and services. On Thursday, the bank said it had filed an application with the Office of the Comptroller of the Currency to convert from an Ohio state-chartered bank to a national bank.
Bank Innovation
JUNE 19, 2018
PREMIUM – Cincinnati, Ohio might seem like an unlikely place for fintech innovation to spur, but it has the ingredients to be just the right breeding ground. At least that's according to Fifth Third, one of the nation's 25 largest financial institutions, that is headquartered in the city of Cincinnati.
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PYMNTS
AUGUST 24, 2018
But playing and delivery methods keep changing, with Ohio of all places — no offense to the Buckeye State, home to multiple presidents and the Wright Brothers’ aerodynamic innovations — accounting for some of the latest developments. Consumers can buy the lottery cards and give them to other people.
PYMNTS
MAY 1, 2017
Still, Jana’s activism will likely continue to positively influence investor sentiment and share value with it as long as the prospects for innovation (and maybe even a sale) stay in sight for the organic grocer. And with 80 percent national coverage, these current stats wouldn’t come as much of a loss. expansion prospects.
PYMNTS
APRIL 25, 2017
TechCrunch said the fight between states and the OCC centers on a proposal made by the OCC in December, in which it details a program that enables FinTechs to apply for charters to become special purpose national banks. Some are concerned the OCC is hurting innovation, while others think it’s overstepping its limits.
CFPB Monitor
MARCH 15, 2022
The rules provide that a loan made by a national bank, federal savings association, or federally-insured state-chartered bank that is permissible under applicable federal law (Section 85 of the National Bank Act (NBA) or Section 27 of the Federal Deposit Insurance Act (FDIA)) is not affected by the sale, assignment, or other transfer of the loan.
PYMNTS
MAY 27, 2020
The national decline in restaurant bookings is starting to ease up, according to new data from OpenTable as reported by CNBC. In Florida, Ohio, Georgia, New Jersey, Massachusetts, California and Connecticut, local government rulings have allowed such new tactics to flourish.
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