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OCC Denies Wise's US National Trust Bank Charter | The Defiant
The Office of the Comptroller of the Currency denied Wise's application for a US national trust bank charter, the payments company said Friday, a rare public rejection from a regulator that has spent the past eight months approving trust charters for crypto and fintech firms.
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forbes.com
Wise Suffers Setback In U.S. Expansion As Regulator Denies Bank License
Wise's ambitions to deepen its presence in the U.S. suffered a setback after regulators rejected the fintech's application to become a national trust bank.
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cityam.com
Wise denied US banking licence in blow to expansion plans
Wise has been denied a US banking licence, just months after it switched its primary stock market listing to New York.
