FDIC Issues Warning To Consumers About Neobanks And Fintechs - Forbes

The article discusses the FDIC's warning about the risks of using neobanks and fintech companies for banking, highlighting the potential lack of deposit insurance and the impact of recent fintech failures. This ties into the larger context of cryptocurrency and the necessity for secure, insured financial practices. Tags: Federal Deposit Insurance Corporation, Depositors Insurance Fund, Federal Deposit Insurance Reform Act, The Federal Deposit Insurance Corporation.