New Fintech Rules Level the Regulatory Playing Field

Many fintech companies are looking to actively partner with CUs instead of competing with them.

By Michael Edwards | July 13, 2018 at 09:00 AM

Recent guidance from the Basel Committee on Banking Supervision setting global standards for the regulation of financial technology ("fintech") companies is helping to level the regulatory playing field between fintech companies and credit unions as well as encourage fintechs to partner with credit unions and other depository institutions.

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