Banking FinTechs: Knowing the Risk for the Reward
Updated: Apr 19
With the FinTech-as-a-Service industry expected to be worth over $900 billion by 2030, it’s no surprise that financial institutions are beginning to wonder if the risks are worth the reward. As these FinTech partnerships become more common with community financial institutions as a way to hit their growth goals, it's important to have comprehensive reviews, policy, and tools in place.
Watch the recording to learn:
The balance of BSA/AML & Compliance risk in a FinTech sponsorship relationship
Pros and cons of entering into FinTech relationships
How to adapt to higher-risk endeavors in order to make them successful