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Dan Hartman Quoted on Fintech-Bank Partnerships in Banking Dive
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Dan Hartman, an of counsel in Nutter’s Corporate Department and a member of the firm’s Banking and Financial Services group, commented on fintech-bank partnerships in Banking Dive. In the article, “Mercury to pivot from partner bank Evolve,” Dan said, “The decision by Dave and Mercury to sever their relationship with Evolve Bank & Trust speaks to the need for fintech-bank partnerships to align on both risk management practices and the operational needs of both institutions in the collaboration.”
He added that banking-fintech partnerships must practice due diligence around compliance and risk management to maintain customer trust and operational stability.
