As banking as a service providers retreat, banks have the opportunity to expand their distribution channels across retail, small and medium businesses and commercial partnerships.

Stronger data management strategies will help community banks leverage artificial intelligence in their institution, according to a recent research report from Bank Director.

In the second in a series of articles on enforcement actions, Bank Director explores regulatory expectations for third-party partnerships.

Regulators are finding Bank Secrecy Act and anti-money laundering compliance deficiencies after banks have added new technology capabilities or complex partnerships.

Regulators are paying closer attention to banking as a service banks and fintech clients, signaling heightened concerns about potential risks in the system.