FDIC recordkeeping plan may cause problems for banks, fintechs

The new rules on custodial account records could address the widening issues that the Synapse bankruptcy caused in the fintech world, but could make relationships between banks and fintech partners complicated, experts said.

FDIC recordkeeping plan may cause problems for banks, fintechs
The new rules on custodial account records could address the widening issues that the Synapse bankruptcy caused in the fintech world, but could make relationships between banks and fintech partners complicated, experts said.