Japanese e-commerce platform
The company, which has been making inroads into the U.S. market with its consumer rewards program, said it refiled its application for federal deposit insurance on Friday. The company pulled its original application with the Federal Deposit Insurance Corp. in March.
“The revised application incorporates feedback received from the FDIC that enhances and strengthens certain areas of the application. Rakuten Bank America is confident that the revised application is stronger and is responsive to the FDIC’s feedback,” a spokesman for Rakuten Bank America ...