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Bank Nerd Corner: Trust, Charters, and the Cost of Uncertainty

Fintech Takes

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Rants on Accountability in Fintech

In this chapter, the speakers passionately critique the responsibilities of venture capitalists and their impact on the financial landscape, particularly in relation to trust and governance. They shift from their usual analysis to a series of rants, highlighting the lack of accountability in the industry and the need for comprehensive training on regulatory compliance for bank and fintech boards. Through humor and specific examples, they emphasize the importance of a nuanced understanding of investor responsibilities and the implications of ineffective governance.

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