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OCC to banks: Partnering with fintechs presents risks

Tuesday, May 21, 2019   (0 Comments)
Posted by: Amanda Averch
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Banks need to understand the risks of partnering with financial-technology firms for innovative products and services, according to a semiannual report from the Office of the Comptroller of the Currency. Using artificial intelligence to underwrite loans could also pose fair-lending risks, the agency said.

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