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Articles Published in the Media / Lineage Bank - Lessons for Banks of All Stripes by Stephen Curry
Lineage Bank - Lessons for Banks of All Stripes by Stephen Curry
Synopsis
On February 23rd, the Federal Deposit Insurance Corporation (FDIC) announced a consent order with Tennessee-based Lineage Bank regarding its third-party risk management program and financial technology (fintech) partners. This order underscores the regulatory attention on BaaS banks and fintech clients, signaling concerns about potential risks in the financial system.
