New York sues US treasury for allowing fintechs to become banks

The City of New York is suing the US over a decision to permit US financial technology firms to apply for national bank charters, blasting it as "lawless" and "ill-conceived". Maria Vullo, superintendent of New York's Department of Financial Services... https://ift.tt/2xekzQI Saqib Shah September 17, 2018 at 09:00AM