ICBA signs joint letter to regulatory agencies requesting extension of commenting period on bank-fintech arrangements

ICBA joined other banking associations and fintechs in requesting a 30-day extension to the commenting period for the regulatory agencies’ RFI on bank-fintech arrangements.

The groups note that bank-fintech partnerships are an integral part of the evolution of banking and that this is an important issue that deserves more time for consideration of stakeholders’ input.