Fintech-Bank Partnerships: Allocating Risks and Rewards | Practical Law

Fintech-Bank Partnerships: Allocating Risks and Rewards | Practical Law

A Practice Note discussing key issues that financial technology companies (fintechs) and insured depository institutions should consider when structuring a partnership to offer technology-enabled financial products and services. This Note covers topics including true lender risk, exclusivity, customer relationships, customer data, termination, and indemnification rights.

Fintech-Bank Partnerships: Allocating Risks and Rewards

Practical Law Practice Note w-039-4127 (Approx. 6 pages)

Fintech-Bank Partnerships: Allocating Risks and Rewards

by Alexander J. Callen, Goodwin Procter, LLP, with Practical Law Finance
MaintainedUSA (National/Federal)
A Practice Note discussing key issues that financial technology companies (fintechs) and insured depository institutions should consider when structuring a partnership to offer technology-enabled financial products and services. This Note covers topics including true lender risk, exclusivity, customer relationships, customer data, termination, and indemnification rights.