3min chapter

Fintech Layer Cake cover image

The “New” Bank-Fintech Risk Guidance with Jonah Crane

Fintech Layer Cake

CHAPTER

The Recent Third-Party Risk Management Guidance Is Important for the FinTech Space

Reggie: I'm really excited to chat today given how important the recent third-party risk management guidance is for the FinTech space. So, why don't you start breaking down what it is and what's the historical context? Reggie: The background context here is that the nature of bank relationships with third parties has been evolving in recent years. In particular, the nature of their partnerships with FinTech has gotten a lot of regulatory tension.

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