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The FDIC's recent upward tick in application approvals marks a turning point for new banks

The FDIC's approvals of bank license applications are at recent high — marking a turning point for prospective applicants:

11.7.2019

The FDIC's approvals of bank license applications are at recent high — marking a turning point for prospective applicants:

An upward trend in FDIC approvals indicate open opportunities for digital-first banks or tech companies looking to pursue banking licenses.

This gradual upward trend in approvals and FDIC receptiveness might indicate open opportunities for digital-first banks or tech companies looking to pursue banking licenses.

Read more: Business Insider

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