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Commentary on the Latest In Financial Services & Regulation

Oct 4, 20223 min read

Regulatory Pressure on BaaS is Mounting at a Critical Juncture for the Industry

BY PATRICK HAGGERTY Banks have been providing back-end services that enable nonbanks to offer financial services to their customers for...

Sep 27, 20221 min read

Potential Fraud Risk Management Pitfalls for Banks and Fintechs

BY CHRISTINA HUNT-FUHR Fraud is everywhere in financial services. It’s increasing in both volume and cost, now accounting for up to 5% of...

Sep 21, 20223 min read

Acting Comptroller Hsu’s speech - the tip of a new regulatory iceberg

BY BRIAN GRAHAM A lot of folks in fintech are still talking about Acting OCC Comptroller Michael Hsu’s recent speech, which among other...

Sep 13, 20222 min read

CFPB Targets Digital Marketers: Practical Implications for Banks and Financial Institutions

BY STEPHANIE WHITE BOOKER AND PAUL MARKER My Klaros colleagues Lauren Sartwell and Siena Marr explained the Consumer Financial...

Aug 25, 20221 min read

BaaS is the best path forward for community banks

BY VINCE CUROTTO Community banks are vital. According to the Office of the Comptroller of the Currency, “These institutions play a...

Aug 1, 20222 min read

Partner Banks: Don’t be the Naked One

BY JOSHUA DIAMOND The Oracle of Omaha Warren Buffett’s famous quote, "Only when the tide goes out do you discover who's been swimming...

Jul 25, 20223 min read

The Interagency CRA Proposal Redefines Financial Inclusion

BY TRACY BASINGER Time is getting short for bankers to submit comments on the proposed interagency revamp of the Community Reinvestment...

Mar 23, 20223 min read

Klaros Insights: Trends in New Bank Charter Applications (2017-2021)

By Andreas Westgaard, Michele Alt, and Gabriel Yeung At Klaros, we’re in the bank design business. Our partners and staff work with a...

Mar 8, 20224 min read

Klaros Insights: Fed Proposes Tiered Approach to Master Account Applications

By Jonah Crane and Patrick Haggerty Last week, the Federal Reserve Board (Board) issued a supplement to its proposed guidelines for...

Jun 23, 20212 min read

Pride Month and Banking: It’s About More than Rainbow Flags

It’s Pride Month, and corporations of all types are waving their rainbow flags. It’s easy to see why: a recent Hornet/Kantar study found...