Interagency Issuances on Bank-Fintech Partnerships Highlights Risks, Opportunities, Importance of Industry Participant Engagement
- Zachary Goldman, Julie Williams
- 8.6.2024
The recent bank regulatory Joint Statement and request for information on third-party deposit relationships and bank-fintech partnerships emphasize afresh regulators’ long-standing concern with financial institutions’ management of third-party relationships, albeit with a new level of intensity that reflects rapid changes in the provision of financial services.
