Considerations for Fintechs and Banking Partners

LinkedIn Share Button Twitter Share Button Other Share Button Other Share Button

Presented on August 7, 2024

Louise Hanson, Principal, Financial Institutions Practice
Theresa Wright, Principal, Financial Institutions Practice

Join us for a discussion on fintechs and banks and recommended practices for working together to stay compliant. Some topics include:

  • Bank regulatory compliance requirements for services provided, as well as FDIC Insurance
  • Regulatory pressures and environment, and banking as a service (Baas)
  • The bank due diligence and vendor management process and how to gauge the reliability of financial information

Contact Us with Questions

The material appearing in this communication is for informational purposes only and should not be construed as advice of any kind, including legal, accounting, tax, or investment advice. This information is not intended to create, and receipt does not constitute, a legal relationship, including, but not limited to, an accountant-client relationship. Although these materials have been prepared by professionals, the user should not substitute these materials for professional services, and should seek advice from an independent advisor before acting on any information presented. Changes in tax laws or other factors could affect the information provided in this communication. Past performance does not guarantee future performance. All investments may lose money.

Baker Tilly US, LLP, Baker Tilly Advisory Group, LP and Moss Adams LLP and their affiliated entities operate under an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable laws, regulations and professional standards. Baker Tilly Advisory Group, LP and its subsidiaries, and Baker Tilly US, LLP and its affiliated entities, trading as Baker Tilly, are members of the global network of Baker Tilly International Ltd., the members of which are separate and independent legal entities. Baker Tilly US, LLP and Moss Adams LLP are licensed CPA firms that provide assurance services to their clients. Baker Tilly Advisory Group, LP and its subsidiary entities provide tax and consulting services to their clients and are not licensed CPA firms. ISO certification services offered through Moss Adams Certifications LLC. Investment advisory offered through either Moss Adams Wealth Advisors LLC or Baker Tilly Wealth Management, LLC.