Fed Casting Wary Eye On FinTech Firms’ Infrastructure Access?
PYMNTS
JANUARY 15, 2019
Yet now, said Reuters, the Fed has said there is not enough risk management in place to allow FinTechs full-fledged access to the payment system. Louis Fed President James Bullard told Reuters in November, the FinTechs “probably do want access to the payments system, but they don’t want the regulation that would come with that access.
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