Fintech firms want to shake up banking, and that worries the Fed

Published: 14/01/2019
Fintech firms want to shake up banking, and that worries the Fed
Source: FEEDS.REUTERS.COM

The U.S. Federal Reserve is wary of giving "fintech" firms such as OnDeck Capital Inc or Kabbage Inc. access to the country's financial infrastructure, putting the central bank at odds with other regulators looking to bring them into the fold.

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