Tag: special bank charter
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Fiserv CEO details special bank charter pursuit
In a recent announcement, Fiserv, a leading global provider of financial services technology, revealed its intention to pursue a special bank charter known as an industrial loan company (ILC) charter. The CEO, Frank Bisignano, elaborated on the company’s future plans during a press conference held earlier this week. Industrial loan companies, often referred to as…
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Rivals may chase Fiserv special bank charter lead
April 18, 2023 Fiserv, a leading global provider of financial technology, has recently filed an application for a special bank charter, which is set to disrupt the traditional banking landscape. With its extensive network and comprehensive range of financial services, Fiserv is already positioned as a formidable player in the industry. However, this move opens…