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After several inbound requests regarding this LinkedIn post , we decided to make the data easier to find with this blog post. It’s no secret our federal banking regulators have been directing a spectacular level of enforcement attention at fintech partner banks in recent quarters.  But are some worse than others?  The charts below summarize recent formal enforcement actions by primary federal regulator for the period 1Q23-1Q24.  They show that if you were a fintech partner ba

BY KEVIN STEIN FDIC Chairman Marty Gruenberg’s recent speech at the Brookings Institution Center for Regulation and Markets had some...

BY CHRISTINA HUNT-FUHR Fraud is everywhere in financial services. It’s increasing in both volume and cost, now accounting for up to 5% of...

BY JOSHUA DIAMOND The Oracle of Omaha Warren Buffett’s famous quote, "Only when the tide goes out do you discover who's been swimming...

BY LAUREN SARTWELL, STEPHANIE WHITE BOOKER, AND POORANI JEYASEKAR When most bankers think of Artificial Intelligence (AI) and Machine...

Last week, Klaros client Compound Labs announced that S&P Global Ratings had assigned B- credit ratings to Compound Prime, LLC, the...

BY JONAH CRANE AND JOHANNE LAURBERG On April 25, 2022, the Consumer Financial Protection Bureau (CFPB) announced that it would dust off...

BY DANIEL BULAEVSKY I recently shared some thoughts in Coindesk and LendIt Fintech News about how crypto companies that are building...

By Andreas Westgaard, Michele Alt, and Gabriel Yeung At Klaros, we’re in the bank design business. Our partners and staff work with a...

By Jonah Crane and Patrick Haggerty Last week, the Federal Reserve Board (Board) issued a supplement to its proposed guidelines for...

On Tuesday, Dec. 21, LendIt fintech announced finalists for the 5th annual LendIt Fintech Industry Awards to celebrate the top fintech...

The drumbeat signaling the advent of climate risk supervision just got louder - and while final supervisory guidance is still likely some...