I had always heard the problem wasn't necessarily the knowledge, it's more that starting a bank from zero in the US is extremely labour-intensive; something abo

I had always heard the problem wasn't necessarily the knowledge, it's more that starting a bank from zero in the US is extremely labour-intensive; something about having to get licensed by every state with its own slightly different set of rules. The SOP seems to be to find some dinky bank with an established license and acquire it to get a seat at the big-boy table. I suppose, then, it inevitably leads to a culture clash as the "Bank people" can say to the "Tech people" that the moment they stop playing ball, the whole thing crashes down.