Fintech Horror Stories - the FDIC, OCC and Fed (third) party like it’s 2013 (or 2008)

Everyone’s favorite trio is covering third party risk again.

"Guidance" from the regulators - and three of them, at a that - might not always be received as happily as it might sound. Nevertheless, this past week the triumvirate of the FDIC, OCC, and the Federal Reserve released revised third party risk management guidance for financial institutions to govern their use of vendors, "business arrangements," subcont…