How to gain more from operational risk management practices.
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FDITech guide to help fintechs connect with banks
The Federal Deposit Insurance Corporation's technology lab (FDiTech) has released Conducting Business with Banks: A Guide for Third Parties, a new guide to help financial technology companies and others partner with banks. The guide is designed to help third parties understand the environment in which banks operate and navigate the requirements unique to banking.
Conducting Business with Banks is an initial effort to address concerns that FDIC Chairman McWilliams has heard from banks and technology companies across the country related to challenges associated with on-boarding at institutions.
- FDIC Press release