Regulating FinTech and Emerging Payments Technology

Recent bank failures have resulted in extra regulatory scrutiny for financial technology companies (FinTech), particularly those companies partnering with banks in the payments space. Federal banking agencies have broad supervisory and enforcement authority over FinTech and agencies, such as the Consumer Finance Protection Bureau, and are increasingly exercising such supervision and enforcement authority. Read this practice note to gain an understanding of the regulatory issues and requirements for FinTech.

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