“That guidance, at least as I read it, is actually more tailored to the services that a bank gets, rather than working through a service provider...
From left: Michael Barr, vice president for oversight at the Federal Reserve; Martin Gruenberg, president of the Federal Deposit Insurance Corp.; and Michael Hsu, acting director...
Jelena McWilliams, a bankruptcy trustee at Synapse Financial and former president of the Federal Deposit Insurance Corp., said the fintech middleware company’s bankruptcy in April was...
The fintech sector has brought unprecedented new levels of competition to the financial services sector. The new rules proposed by the Consumer Financial Protection Bureau would...