Future-Proof Your Bank: How to Manage Risk as FinTech Innovates Financial Services

In the November-December 2016 edition of the ABA’s Bank Compliance magazine, Stratis leadership co-authored an article on how to manage risk as FinTech innovates financial services.  As we work with startups, inclusive of FinTech, but not limited to the sector, banks, and investors, the article provides insight for banks on FinTech.

Moreover, as we have mentioned in various speaking engagements, FinTech is not a natural fit under any traditional classification for compliance programs and, where considered a money service business (MSB), the business models maintain unique characteristics in how they are formed and operate, FinTech companies should be considered a separate and distinct classification in a financial institutions portfolio as FinTech Businesses also known as FTBs.

For more boots on the ground insight, read on here.