Our Two Cents with MBA
The "Our Two Cents with MBA" podcast is a forum that explores topics that are relevant and interesting to bankers. MBA's podcast will feature fun, engaging conversations that help you stay ahead of what's happening in banking.
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Summary of Latest Episode
In this latest episode of Our Two Cents with MBA, representatives with the Federal Reserve Bank of St. Louis discuss fintech in Missouri and the industry. Fintech partnerships are becoming more and more normalized within the banking industry. From a supervisory standpoint, there are important considerations related to due diligence, vendor management and safety that must be addressed. Although the Fed encourages banks to innovate, the Fed hopes to partner with banks to ensure these innovations move forward with a "measured risk" mindset in place. Discussions also focus on the current perspective on digital assets and what banks should expect to see as the federal government wrestles with this complex topic.