FDIC explores Banking Industry Standards Development Organization with fintech groups
Federal Deposit Insurance Corporation announced industry standard-setting organization partnership with banking and financial technology industry groups on August 18, 2026.
- Primary
- Federal Deposit Insurance Corporation
- Counterparty
- banking and financial technology industry groups
- Structure
- industry standard-setting organization partnership
- Date
- August 18, 2026
- Sub-sector
- Financial Data / Open Banking
FDIC and fintech industry establishing unified standards for third-party service providers and bank-fintech partnerships to reduce compliance burden and improve regulatory consistency.
Source: natlawreview.com