U.S. Regulators Revisiting Bank-Fintech Partnerships

Regulation | Jul 30, 2024 U.S. regulators launch initiative to address bank-fintech partnership risks The Federal Reserve, FDIC, and OCC have announced a new regulatory initiative to address the complexities and risks associated with bank-fintech partnerships. The regulatory agencies released a request for information with a particular emphasis on lending, payment processing, and deposit-taking. The

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