Square to Operate a Bank in Utah

Square, the digital payments company run by Twitter’s Jack Dorsey, got the nod by federal and state regulators to open a bank in Utah. 

In a press release Square said the Federal Deposit Insurance Corp. voted to conditionally approve Square’s application and that it received charter approval from Utah Department of Financial Institutions. 

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Information Technology
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Forbes Mon, 03/23/2020 - 11:46