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13min chapter
S9 E7: Bank Nerd Corner: CFPB, All Day, Every Day
Fintech Takes
Navigating Fintech Regulations Post-Election
This chapter explores the complexities of fintech regulation in the wake of a recent election, particularly focusing on the implications of the Bank Service Company Act. The speakers highlight the challenges faced by regulators amidst uncertainties in the financial landscape, emphasizing the need for clearer guidelines and supervision of bank-fintech partnerships. Through a humorous lens, they dissect the diverse opinions from industry stakeholders and the operational difficulties in ensuring consumer safety in deposit-taking activities by fintechs.
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