by Radhika Lipton | May 15, 2023 | RADD BUZZ
Fintech service providers and traditional banks are leveraging each other’s resources and infrastructure to deliver enhanced customer experiences, thanks to BaaS platforms and related technological advancements. In recent years, the fusion of Fintech’s... 
by Radhika Lipton | May 8, 2023 | RADD BUZZ
For a long time, Fintechs were commonly subject to regulatory requirements through the financial institutions that regulators oversee. That was when financial institutions only needed to ensure Fintechs complied with regulatory requirements before establishing... 
by Radhika Lipton | Apr 29, 2023 | RADD BUZZ
It is no longer news that Fintech products have become a disruptive force for global financial services. The worldwide adoption rate is now capped at 75%. However, the sudden and revolutionary changes in the Fintech industry are increasing exposure to risks and... 
by Radhika Lipton | Apr 15, 2023 | RADD BUZZ
The success of Fintech companies is primarily predicated on their ability to challenge conventional banking models through technology. Still, they must also remain vigilant in ensuring that their products and operations do not cross the line of KYC/AML protocols. ... 
by Radhika Lipton | Apr 3, 2023 | RADD BUZZ
The Consumer Financial Protection Bureau (CFPB) recently issued its long-awaited final rule to implement Section 1071 of the Dodd-Frank Act. Section 1071 amended the Equal Credit Opportunity Act to require financial institutions to collect and report certain data... 
by Radhika Lipton | Mar 14, 2023 | RADD BUZZ
Despite being a major lender in the tech industry for decades, Silicon Valley Bank’s (SVB) risky investments and lack of proper risk management protocols led to its downfall. Yes, government policies were not favorable to banks as the Federal Reserve raised the...
