Re:U.S. sues Visa to block its acquisition of Plaid
by tatersolid on Friday November 06, 2020 @07:27AM
(#25007132)
> some california cowboy company that doesn't have to follow banking regulations.
Oh they do
legally need to follow most banking regulations. That many “fintech” companies don’t do regulatory training and compliance will result in hefty fines and shutdowns. The FDIC, FTC, OTS, etc. are pretty humorless and fairly efficient and effective.
Oh they do legally need to follow most banking regulations. That many “fintech” companies don’t do regulatory training and compliance will result in hefty fines and shutdowns. The FDIC, FTC, OTS, etc. are pretty humorless and fairly efficient and effective.