bank FinTech partnerships

Report: FDIC Ramps Up FinTech Scrutiny
Report: FDIC Ramps Up FinTech Scrutiny
December 05, 2024  |  Bank Regulation

The Federal Deposit Insurance Corporation (FDIC) reportedly has begun more closely tracking FinTechs that partner with banks, aiming to spot potential problems before they affect...

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NatWest Launches Growth Program for UK FinTech Startups
NatWest Launches Growth Program for UK FinTech Startups
December 04, 2024  |  Banking

British bank NatWest is launching a program to help scale the country’s FinTech startups. The lender’s FinTech Growth Program, announced Wednesday (Dec. 4), is designed to give fledgling...

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Trustee Report Sheds New Light on Synapse Bankruptcy
Trustee Report Sheds New Light on Synapse Bankruptcy
November 26, 2024  |  Partnerships

A reevaluation of risk management and regulatory oversight is transforming the bank-FinTech partnership model. At the center of this shift is the April collapse of...

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VyStar’s ‘Dysfunctional’ System Switch Reveals Risks, Lessons in FinTech Partnerships
VyStar’s ‘Dysfunctional’ System Switch Reveals Risks, Lessons in FinTech Partnerships
November 05, 2024  |  Banking

Successful collaborations between traditional financial institutions (FIs) and FinTechs rest on one shared goal: offering end-users the best of both worlds. FinTechs bring speed and...

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House Republicans Blast ‘Undue Scrutiny’ of Bank-FinTech Partnerships
House Republicans Blast ‘Undue Scrutiny’ of Bank-FinTech Partnerships
October 31, 2024  |  Bank Regulation

House Republicans are warning against what they argue is regulatory overreach in bank-FinTech partnerships. The lawmakers — all members of the House Financial Services Committee...

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Deutsche Bank Checks Three Trends for Cracking B2B’s Innovation Code
Deutsche Bank Checks Three Trends for Cracking B2B’s Innovation Code
October 04, 2024  |  B2B Payments

Innovation in business-to-business (B2B) payments used to be measured in decades, not years. But now, it can be measured in months — even weeks — as...

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Shadow Banking’s Surge Leads to ‘Know Your Business’ Priority
Shadow Banking’s Surge Leads to ‘Know Your Business’ Priority
August 20, 2024  |  Bank Regulation

There used to be an old radio show that asked about the evil that lurked in peoples’ hearts. “The Shadow knows,” intoned the narrator. We’ll...

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Regulators’ Joint Statement Details Concerns on Bank/FinTech Tie-Ups
Regulators’ Joint Statement Details Concerns on Bank/FinTech Tie-Ups
August 07, 2024  |  Bank Regulation

The joint statement and requests for information issued by several agencies late last month on “potential risks” inherent in bank/FinTech relationships spotlight regulators’ concerns on...

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FDIC Consent Orders Highlight FinTech Risk in Financial Supply Chains
FDIC Consent Orders Highlight FinTech Risk in Financial Supply Chains
April 01, 2024  |  Digital Banking

It’s been well-documented that banks and FinTechs have been collaborating together on financial services innovation, where they once were mainly competitors. But for the banks...

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