#fintech-banking

Lorum's Gambit: Chasing a National Trust Charter to Redefine Cash Management

George Davis isn't messing around. His cash management platform Lorum just applied for a national trust charter — a move that could turn it into a full-fledged digital bank rivaling giants like BNY Mellon.

Coinbase's Trust Charter Ignites Banking Backlash Over Consumer Risks

The OCC greenlights Coinbase's trust charter, and banks erupt. ICBA calls it a 'grave mistake' that endangers U.S. consumers, exposing fault lines in fintech's banking ambitions.