Bank-Fintech Relationships: A Legal Perspective on Maximizing Opportunities While Managing the Risks

This session will explore the complex and rapidly evolving legal considerations surrounding third-party risk management and bank-fintech relationships. As financial institutions increasingly partner with fintech's to deliver innovative payment products, new challenges emerge regarding regulatory compliance, risk allocation, and consumer protection. The discussion will address heightened regulatory scrutiny of Banking-as-a-Service (BaaS) models, guidance on third-party oversight from agencies such as the FDIC, OCC, and Federal Reserve, and best practices for structuring resilient contracts and ongoing monitoring programs. Attendees will gain practical insights into managing legal exposure, navigating multi-layered compliance obligations, and fostering effective, transparent collaborations that withstand evolving legal and regulatory standards.