Jason Nerland

Jason Nerland

Morrison & Foerster LLP

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FDIC Enters into Consent Order with Fintech Focused Bank

Reflecting expected heightened regulatory scrutiny of fintech-bank partnerships, the Federal Deposit Insurance Corporation (FDIC) issued a consent order for a bank that is deep in the bank-fintech sponsorship space over...more

5/5/2023  /  Banking Sector , Consent Order , Enforcement Actions , FDIC , Financial Institutions , FinTech , Remediation , Risk Assessment
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