Follow TopicFollow Contributor Share Feedback
2024 Update | United States - Part 3:  Driving Innovation

2024 Update | United States - Part 3: Driving Innovation

by Starling Insights

Starling Insights Editorial Board

Jun 11, 2024


Over the past several editions of this report, we have highlighted how regulators in the US and abroad have sought to expand the regulatory perimeter to include firms that are outside the traditional financial sector, but which have a potential to impact the stability of the financial system as a whole. This has continued over the past year, and in this section we will discuss several related developments. 

In August 2023, the Federal Reserve expressed concerns over Goldman Sachs' partnerships with fintech firms, particularly in its transactional banking division (TxB), citing such issues as inadequate due diligence and monitoring processes when accepting high-risk non-bank clients.1 

This content is available to paid Members of Starling Insights.

If you are a Member of Starling Insights, you can sign in below to access this item. 


If you are not a member, please consider joining Starling Insights to support our work and get access to our entire platform.  Enjoy hundreds of articles and related content from past editions of the Compendium, special video and print reports, as well as Starling's observations and comments on current issues in culture & conduct risk management.

Join The Discussion

See something that doesn't look quite right?

We strive to provide high quality and accurate content at all times. With that said, we realize that sometimes links break, new information becomes available, or there is something that you feel we may have missed.

If you see something that you think we should be aware of, we would love to hear from you. Feel free to drop us a note below and leave your name and contact info if you'd like to hear back from us.

Thank you for being a key part of the Starling Insights community!