We have certainly heard of that law and similar rulings and are in fairly regular contact with the regulators. BankSimple is the name of our product, our compa

We have certainly heard of that law and similar rulings and are in fairly regular contact with the regulators. BankSimple is the name of our product, our company is Simple Finance Technology Corp. (rolls off the tongue...) There is plenty of precedent for our situation - not being a chartered bank but having 'bank' in our product name and URL. BankFreedom, BankRate, FindABetterBank, etc. Not comparable businesses, but face similar issues. IANAL, but, by god, we pay them handsomely to deal with this and many other banking issues.