Though some fintech companies have sought to secure bank charters, the majority of fintechs still rely on a partner bank to help serve their customers. The growth of this partnership model over the past several years has triggered two key actions:
The creation of the modern fintech-bank partnership model
Regulatory investigation and newly published risk management practices designed to prevent misconduct and inspire confidence
We have gathered a group of former regulators now sitting in the fintech industry to unpack the latest Interagency Guidance on Third-Party Relationships and share best practices for fintechs and partner banks moving forward.
Key concepts our panelists will cover include:
Critical takeaways from the recent Interagency Guidance on Third-Party Relationships
Important considerations when building a strong compliance partnership between fintech and partner bank
Advantages of enhanced collaboration and helpful tools/practices to drive ongoing information exchanges