Goodwin’s Fintech Flash aims to share the latest news and developments for the rapidly evolving fintech industry – which often can change in a flash.
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10 Considerations for Fintechs Partnering with Community Banks
As banking and technology become more integrated, banks are increasingly partnering with fintechs to expand their customer offerings. The rapid rise of these partnerships has generated questions for both banks and fintechs on how to manage resulting regulatory and financial risks.
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CFPB Q1 Circular Recap: Essential Takeaways for Mitigating UDAAP Risk to Remittance Transfer Providers, Digital Comparison-Shopping Tools Operators, and Lead Generators
In the first quarter of 2024, the Consumer Financial Protection Bureau (CFPB) issued two Consumer Financial Protection Circulars, putting remittance transfer providers, digital comparison-shopping tools operators, and lead generators on notice of certain practices that can violate the Consumer Financial Protection Act’s (CFPA’s) prohibition on unfair, deceptive, and abusive acts and practices.
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