Who Am I? Where Fintechs Sit in the Traditional Banking Regulatory Schema

Since 2021 financial services embedded into e-commerce platforms have nearly tripled, expected to account for over $7 trillion of total US financial transactions in 2026. 93% of consumers say they benefit from using fintech tools, and fintech lending accounted for 20% of all PPP loans.

As fintechs have grown in number and usage, the distinctions between fintech and traditional finance have continued to erode. Many fintechs now find themselves providing traditional banking functionality alongside their other services. Determining where fintechs sit in the traditional banking regulatory schema is critical for ensuring proper compliance and avoiding enforcement actions in the long term. This session will demystify the divide, helping you find your place in the financial sector.

Other Speakers:

Sean Carter, NEACH
Rusty Pickering, Ingo Money Inc.
Jeremy Turk, Patriot Bank, N.A.

For more information, view the event details.