FDIC unveils rule forcing banks to keep fintech customer data in aftermath of Synapse debacle

Retrieved on: 2024-09-17 16:31:50

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FDIC unveils rule forcing banks to keep fintech customer data in aftermath of Synapse debacle. View article details on hiswai:

Excerpt

The rule, aimed at accounts opened by fintech firms that partner with banks, makes the institution maintain records of who owns the account and daily balances.

Article found on: www.cnbc.com

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