Fintech firms want to shake up banking, and that worries the Fed
13 Jan Fintech firms want to shake up banking, and that worries the Fed
Posted at 06:00h
in
News
by KMFSLLP
The U.S. Federal Reserve is
wary of giving “fintech” firms such as OnDeck Capital Inc
or Kabbage Inc. access to the country’s financial
infrastructure, putting the central bank at odds with other
regulators looking to bring them into the fold.
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