White House Publishes FinTech Framework

The White House on Jan. 15 published a document titled “A Framework for Fintech,” reported American Banker. “The new framework did not offer up any specific policy recommendations, but it outlined 10 guiding principles for policymakers grappling with the fast-growing industry. These included the importance of consumer protection, promoting financial inclusion, overcoming technological bias, protecting financial stability and building cybersecurity measures.”

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