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Bank Regulatory Agencies Considering ‘Additional Steps’ to Govern Bank-FinTech Arrangements – PYMNTS.com

Three federal banking regulators said on Thursday they are considering “additional measures” to help banks effectively manage the risks associated with bank-fintech partnerships. The authorities: Joint statement Investigate banks’ third-party deposit agreements; Request Information About collaboration between banks and fintech. of Federal Reserve Board, Federal Deposit Insurance Corporation (FDIC) and Office of the Comptroller of […]