The Federal Deposit Insurance Corporation (FDIC) proposed a new rule that would require banks to keep better deposit records on ownership of funds controlled by their financial technology (fintech) partners.

Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...