Morning Scan: SoFi Mulls Utah Bank Charter

Receiving Wide Coverage ...

Future of banking: In fintech, as in life, it all comes full circle. While banks are rushing to disrupt themselves through new offerings and partnerships with Silicon Valley, the startups are beginning to look more like banks. The Wall Street Journal published a lengthy profile Tuesday of online lender Social Finance, which has made $10 billion in loans, including student loans, since 2011. The company has reportedly been in discussions with Utah...