Compliance News & Education

How Partner Banks Can Manage Increased Regulatory Scrutiny on BaaS & Fintech Relationships

How Partner Banks Can Manage Increased Regulatory Scrutiny on BaaS & Fintech Relationships

Two partner banks with rapidly growing BaaS businesses are facing serious regulatory concerns following supervisory examinations, according to new reporting [https://fintechbusinessweekly.substack.com/p/as-regulatory-scrutiny-of-baas-grows] from industry sources. Other partner banks are reportedly slowing or stopping onboarding of new BaaS and fintech clients, or even ending existing relationships. > All
By Jonathan Wong
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