For Benefit Of Accounts news and trends

FDIC Takes Hard Look at ‘For Benefit Of’ Accounts
Bank Regulation // September 06, 2024

The ties that bind banks and FinTechs will be more closely watched by the Federal Deposit Insurance Corporation (FDIC), and a formal proposal/rule from the regulatory agency, governing accounts in banking-as-a-service relationships, may come sooner rather than later. Get the Full Story Complete the form...

Interviews & Exclusives
Suit Against Synapse Partner Banks Spotlights Risks of Commingled Funds

December 02, 2024
The eventual resolution of the key question in the wake of the Synapse bankruptcy — namely, where the money went — will take time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS […]