6min chapter

Fintech Takes cover image

S8 E10: Bank Nerd Corner: Why "FBO" is Out & Fintech Custody Accounts Are In, Rate Cut Buzz, and the FDIC’s New Rule

Fintech Takes

CHAPTER

Intro

This chapter explores the evolution of banking accounts, highlighting the shift from FBO accounts to FinTech custody accounts. It underscores the need for updated language in the banking sector to enhance clarity in account management and regulatory compliance.

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