11min chapter

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S9 E7: Bank Nerd Corner: CFPB, All Day, Every Day

Fintech Takes

CHAPTER

CFPB Scrutiny on Financial Partnerships

This chapter explores recent actions by the Consumer Financial Protection Bureau (CFPB) against major financial institutions like Goldman Sachs and ViStar Credit Union, revealing the repercussions of poor decision-making and the emphasis on speed over quality in tech transitions. It discusses Apple's influence in the payment landscape and the complexities of vendor relationships within the banking and fintech sectors, spotlighting potential regulatory challenges ahead.

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