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Regulators should robustly supervise bank-FinTech relationships, Treasury report shows
By Puja Sharma
FinTech Industry Needs Additional Oversight to Close Gaps, Prevent Abuses and Protect Consumers, According to the US Treasury report. The U.S. Department of the Treasury, in consultation with the White House Competition Council, has released a report entitled “Assessing Impacts of New Entrant Non-bank Firms on Competition in Consumer Finance Markets.” The report finds that, […]
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