FDIC unveils rule forcing banks to keep fintech customer data in aftermath of Synapse debacle
- Posted on September 17, 2024
- By CNBC
- 1 Views
FDIC unveils rule forcing banks to keep fintech customer data in aftermath of Synapse debacle
The rule, aimed at accounts opened by fintech firms that partner with banks, makes the institution maintain records of who owns the account and daily balances.
