Podcast

Why bankers should drop their fear of fintech regulatory sandboxes

Brian Knight at George Mason University says fintechs will be held accountable for legal violations in sandboxes — and banks can use sandboxes, too.

Bankers sometimes object to experimental zones for fintechs, complaining they are shielded from regulations that banks have to follow. But Brian Knight at George Mason University says fintechs will be held accountable for any legal violations that occur in sandboxes — and banks can use sandboxes, too.