FinTech Bank Program Legislation, Actions, and Collateral DamageRead Time: 1 min
What is the future of FinTech bank partner programs in light of new state legislation and enforcement, as well as the challenges to the valid-when-made rule and “demise” of the true lender rule? Does a new trend of state true lender legislation create a serious challenge to the programs? And how do these programs, and the regulatory response to them, impact banks that are not party to any bank partner programs?
On Monday, October 25, 2021, Sarah Edwards (New Orleans), Arthur Rotatori (Cleveland), and Robert Savoie (Cleveland) discussed these questions and more during a webinar for the San Francisco Bank Attorneys Association.