Fintech Advocate Talks Rules, CFPB and Why Big Banks Struggle With Technology
Also, regional banks call FDIC out for abandoning 'tailoring' in revamp of resolution plans
Friday Q and A: Fintech is, perhaps, an overused buzzword. But there’s also no question that upstart technology firms are making big inroads in financial services – upending norms, but also raising important questions about regulation. While consumer protection issues may be the most prominent, it’s not just CFPB Director Rohit Chopra who has fintech in…