BaaS in the Crosshairs: The Impact of Regulatory Scrutiny on U.S. Banks and Fintechs

Analyzing the current ‘drought’ in banking partnerships and the anticipated resurgence of new providers. TL;DR: The U.S. fintech ecosystem, particularly Banking as a Service (BaaS), is under intense regulatory scrutiny. Banks like Evolve and CrossRiver face challenges due to risky…