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FDIC Mulls Standards Body to Streamline Bank-FinTech Oversight
pymnts.com · 7h · first report

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Across 1 sources · syndicated copies counted once
The Federal Deposit Insurance Corporation is considering an industry-led standards organization that could certify FinTech companies and other bank service providers against common risk-management benchmarks, potentially reshaping how banks vet and oversee outside partners. The proposal, outlined in a July 21 draft term sheet obtained by Bloomberg Law, would establish the Banking Innovation Standards Development […] The post FDIC Mulls Standards Body to Streamline Bank-FinTech Oversight appeared first on PYMNTS.com .
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