The competitive landscape in banking is shifting. With the influx of banking charter applications in 2025, fintech players such as PayPal are seeking to officially enter the banking space. Bank charter applications are expected to continue increasing in 2026. With fintech, digital, and crypto players all looking to get into banking. What does this ultimately mean for banks, regulators, and fintech’s? Everyone is going to have adjustments and challenges. This episode examined two articles. The first article was from Bank Director titled “PayPal is coming for banking” and the second article was from Banking dive titled “PayPal seeks bank charter”. Links to both articles are included below.
