FDIC Millennials Regulation Virginia 
Independent Banker
NOVEMBER 25, 2015
One of the biggest problems with FinTech companies is that many of them exploit existing banking infrastructure—including debit, credit and ACH networks—and access traditional checking and saving accounts, yet face minimal regulation when it comes to data security and privacy. Kelly Pike is a freelance writer in Virginia.
PYMNTS
JUNE 14, 2018
A certain amount of anonymity must be sacrificed to meet regulations like anti-money laundering (AML) compliance standards. Brisker said most current apps are focused on the affluent millennial , but there is a gap where less privileged, working-class folks are not having their needs met by the tools that are available. Challenges.
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