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Fintechs should have partnerships with more than one bank as regulatory scrutiny ramps up, according to an industry insider

Por: Business Insider Business October 28, 2022

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As fintech and bank partnerships receive heavier scrutiny, financial-technology companies shouldn't place their eggs in one basket, according to one insider.Fintechs should have more than one bank partner in this regulatory environment, John Beccia, CEO of consultancy FS Vector, said while speaking at Money20/20 USA.A lot of regulators are looking more closely at these partnerships. The other thing is it might be that the banks just decide... + full article



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