Tag Archives: fintech

ABA Cautions Against Global Regulatory Frameworks for Fintech

In response to the Consumer Financial Protection Bureau’s call for feedback on its partnership in the Global Financial Innovation Network, ABA urged the bureau to clarify that bank-startup partnerships are among the “innovative companies” GFIN intends to serve. ABA’s comment letter yesterday also stressed that the scope of GFIN should not be expanded to recommend best practices or regulatory frameworks, ...

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