California’s Hatch Consent Order Suggests States May Be Eyeing BaaS Risks

pymnts.com/news/banking/2025/california-hatch-bank-consent-order-suggests-states-may-be-eyeing-baas-risks

FinTech sponsor banks have had a difficult 18 months.
Tasked with mediating between the speed of the tech world and the caution of the regulatory sphere, many banks powering banking-as-a-service (BaaS) solutions have found themselves under the barrel of consent orders from the Federal…

This story appeared on pymnts.com, 2025-05-05 15:31:48.
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