> Indian Insurance: FDIC Looks to Direct Monitoring of Fintech Companies After Synapse Collapse

Thursday, December 5, 2024

FDIC Looks to Direct Monitoring of Fintech Companies After Synapse Collapse

The Federal Deposit Insurance Corp. has started to directly monitor financial-technology companies that partner with banks across the US, according to people familiar with the regulator’s supervisory operations. The fintech monitoring system will help FDIC examiners anticipate potential vulnerabilities before …

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