Fintech banking ambitions worry US Fed

By
Follow google news

Central bank at odds with other regulators.

Fintech banking ambitions worry US Fed
The US Federal Reserve is wary of giving "fintech" firms such as OnDeck Capital Inc ONDK.N or Kabbage Inc. access to the country's financial infrastructure, putting the central bank at odds with other regulators looking to bring them into the fold. The Office of the Comptroller of the Currency ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now

Add iTnews as your trusted source

Add iTnews As Your Trusted Source Add iTnews As Your Trusted Source
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
federal reservefinancial services

Sponsored Whitepapers

The future of resilience: AI-Driven dynamic storage
The future of resilience: AI-Driven dynamic storage
5 reasons to adopt a mobile first security strategy
5 reasons to adopt a mobile first security strategy
Uncomplicate IT Service Delivery with AI Agents
Uncomplicate IT Service Delivery with AI Agents
Getting ahead of the tech: what’s next for Australian organisations in digital transformation
Getting ahead of the tech: what’s next for Australian organisations in digital transformation
Fintech compliance made fast and secure
Fintech compliance made fast and secure

Events

Most Read Articles

CBA onboards customers with NFC scans of ePassports

CBA onboards customers with NFC scans of ePassports
Bendigo Bank IT restructure continues with Infosys, Genpact deals

Bendigo Bank IT restructure continues with Infosys, Genpact deals
Beyond Bank finds its CTO

Beyond Bank finds its CTO
Insignia Financial's next security strategy takes shape

Insignia Financial's next security strategy takes shape
techpartner.news logo
Sydney-based AI-cloud waste startup raises $3m
Sydney-based AI-cloud waste startup raises $3m
Brennan uses NiCE to modernise its contact centre
Brennan uses NiCE to modernise its contact centre
Impact Awards: Tecala slashes customer response times for fintech IQumulate
Impact Awards: Tecala slashes customer response times for fintech IQumulate
Interactive introduces private cloud platform
Interactive introduces private cloud platform
Digital61 expands cybersecurity portfolio
Digital61 expands cybersecurity portfolio

Log In

  |  Forgot your password?