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Tag: bank regulation

Fintech Nexus Newsletter (April 22, 2024): Synapse files for bankruptcy, assets acquired by TabaPay

Late Friday, we learned that Synapse has filed for Chapter 11 bankruptcy and that its assets will be acquired by payments infrastructure company TabaPay. This will not...

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Crossing the $10B threshold: Compliance considerations for banks

Financial institutions approaching the $10 billion asset threshold are leveraging automation and APIs to ensure they have proper governance in place ahead of increasing...

Banks and fintechs should perform ‘trust exercises’ amid OCC scrutiny of BaaS

It may just be that banking-as-a-service (BaaS) providers and fintechs have grown into unique and now mature collaborators that justify updated and revised requirements...

3 global cybersecurity lessons for US banks

Cybersecurity approaches in the U.K. and Europe provide learning opportunities for U.S. banks, despite major differences in regulatory and business structures. Following are three...

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