Financial Technology Company Providers Policy
The purpose of this Financial Technology Company Providers Policy Template is for a bank, credit union, fintech company, or other type of financial institution to explore ways in which third-party relationships may assist the Bank in responding to the changing financial services landscape, including the way products and services are delivered.
Table of Contents
- Purpose and Contents – Topic 1
- Policy Statement – Topic 2
- Types of Fintech Partnerships – Topic 3
- Partnership Standards – Topic 4
- Business Experience and Qualifications – Topic 5
- Financial Condition – Topic 6
- Legal and Regulatory Compliance – Topic 7
- Risk Management and Controls – Topic 8
- Information Security – Topic 9
- Operational Resilience – Topic 10
- Audit Policy – Topic 11
- Staff Training – Topic 12
- Retention of Documentation – Topic 13
Recent updates to this product:
Joint Press Release – Agencies Issue Guide to Help Community Banks Evaluate Fintech Relationships
Federal Reserve Press Release – Federal Reserve Publishes Paper Describing Landscape of Partnerships Between Community Banks and Fintech Companies
This Financial Technology Company Providers Policy Template (approximately 17 pages) is available to purchase from BankPolicies.com in Microsoft® Word format.
NOTE: The complete contents of this Financial Technology Company Providers Policy Template are also included in the Vendor Management Program Policy Template.
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