Banks holding customer funds for money management apps should keep track of customers’ identities and balances, the agency says. Banking and Financial Institutions, Regulation and Deregulation of Industry, Deposit Insurance, Bankruptcies, Archives and Records, Federal Deposit Insurance Corp Banks holding customer funds for money management apps should keep track of customers’ identities and balances, the agency says. NYT > Business
F.D.I.C. Says Banks Need to Keep a Record of Their Fintech Customers
