Let's play ... Who Wants To Be a Bank!

让我们一起玩……谁想成为银行家!

The Indicator from Planet Money

2026-09-09

8 分钟
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单集简介 ...

Why do so many fintech companies — like Square and Mercury — want to be banks? And what does it take to get there? Find out today when we play our fake game show … Who Wants To Be A Bank! Fact checking by Sierra Juarez. Your Next Listen —Is this a bank? Connect with The Indicator — Sign up for The Indicator’s weekly newsletter! — Buy the Planet Money book — Find our socials, YouTube and more! — For sponsor-free episodes, subscribe to NPR+ Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This show’s perks include sponsor-free listening. Learn more at plus.npr.org. See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences. NPR Privacy Policy
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单集文稿 ...

  • This is the indicator from Planet Money.

  • I'm Waylon Wong.

  • I'm Ricky Mulvey.

  • But Waylon, this isn't the indicator.

  • What?

  • This is who wants to be a bank.

  • This is the game show where financial technology companies vie for a shot at a U.S.

  • Banking license.

  • There are all these companies out there that do stuff with our money, but are technically not banks.

  • Payment apps, crypto firms, buy now, pay later companies.

  • They don't have banking licenses, but they want them.

  • And the Trump administration and its regulators want to grant them.

  • In fact, they've already approved more new banks this year than in all of 2025. Today on the show,

  • why do so many fintech companies want to be banks and what does it take to get there?

  • Find out today on Who Wants to Be a Bank?

  • The games will begin after this word from our sponsor.

  • This message comes from IXL.

  • IXL provides personalized learning and powerful insights

  • that help teachers boost achievement and understand student progress in real time.

  • Learn more at IXL.com slash NPR.