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Frank Tian
Jun 13, 20232 min read
Updated Guideline for BaaS
On June 6th, The Fed, OCC, and FDIC jointly released an updated guideline for banks’ third party risk management. This has been highly...
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Frank Tian
Jan 17, 20231 min read
🍺 Someone just won a beer over Apple Card.
As many are surprised that Goldman Sachs lost $1B over its Apple card portfolio, some are not. Who are they? The new deal teams at the...
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Frank Tian
Jan 9, 20231 min read
🔎 BaaS Partnership in Regulatory Focus
Last week, Blue Ridge Bank named a new president for its fintech division. It makes perfect sense to bring in someone with direct BaaS...
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Frank Tian
Oct 29, 20221 min read
🙅♂️ Loan Application Not Available
A newly launched loan product between a bank and its non-bank partner has suspended applications for days. According to unnamed sources,...
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Frank Tian
Oct 27, 20221 min read
📖 BaaS Operators - Here is A Playbook
As regulators pay more attention to the fast-growing Banking-as-a-Service (BaaS) business, a group of sponsor banks published a playbook...
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Frank Tian
Sep 7, 20224 min read
🏦 Thoughts on BaaS Risk Management
It is no coincidence that several connections reached out in the last few weeks to ask about embedded finance and Banking-as-a-Service...
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