Todd H. Baker
Senior FellowTodd H. Baker is a senior fellow at the Richman Center for Business, Law & Public Policy at Columbia University; and the managing principal of Broadmoor Consulting LLC.
Todd H. Baker is a senior fellow at the Richman Center for Business, Law & Public Policy at Columbia University; and the managing principal of Broadmoor Consulting LLC.
The fintech community was both surprised and energized by recent news that Visa has agreed to acquire Plaid, one of the nation’s largest fintech platforms for financial data analytics.
The acquisition will vastly expand Visa's platform, giving it nearly Amazon-like influence.
A more practical approach for U.S. regulators on whether to bring fintechs into the banking fold might be "better the devil you know than the devil you don’t."
A federal judge blocked state regulators from suing the agency over its new charter, but it’s still unclear whether fintechs would even apply.
A federal judge blocked state regulators from suing the agency over its new charter, but it’s still unclear whether fintechs would even apply.
The Office of the Comptroller of the Currency has gotten the ball rolling for financial technology firms trying to operate a national platform, but the FDIC and Federal Reserve should act to remove other policy roadblocks.
The Office of the Comptroller of the Currency has gotten the ball rolling for financial technology firms trying to operate a national platform, but the FDIC and Federal Reserve should act to remove other policy roadblocks.
Despite being barred from the securities industry by the SEC, LendingClub’s founder has found plenty of people to back his latest venture — and that’s a problem.
Fintechs can get what they need from a traditional bank charter with the FDIC, as long as the agency is willing to play ball and step up its approach to innovation.
Fintechs can get what they need from a traditional bank charter with the FDIC, as long as the agency is willing to play ball and step up its approach to innovation.