Fintech Takes S8 E10: Bank Nerd Corner: Why "FBO" is Out & Fintech Custody Accounts Are In, Rate Cut Buzz, and the FDIC’s New Rule
12 snips
Sep 11, 2024 Kiah Haslett, Banking and Fintech Editor at Bank Director, joins to discuss pivotal changes in the financial landscape. She highlights the shift from 'FBO' accounts to the more transparent 'Fintech Custody Accounts.' The conversation delves into the excitement surrounding potential rate cuts and their implications for mortgage rates and commercial real estate. Additionally, Kiah examines the FDIC's new rule on fintech ledger controls, bringing transparency into focus, while discussing the OCC's shift towards prioritizing financial health in banks.
Chapters
Transcript
Episode notes
1 2 3 4 5 6 7 8
Intro
00:00 • 6min
Rethinking Financial Terminology
05:32 • 5min
Interest Rates and Banking Dynamics
10:59 • 17min
The Evolution of Customer Behavior in FinTech
28:14 • 2min
FDIC's New Rule on Fintech Accounts
29:50 • 6min
Challenges of Daily Reconciliation in Banking Partnerships
36:02 • 2min
Navigating Modern Banking and Fintech Complexity
38:25 • 22min
Navigating Banking Performance and Consumer Needs
01:00:01 • 27min