Stripe Unicorn News - September 30, 2024In response to the Synapse incident, fintech giants including Stripe and Block have established the Coalition for Financial Ecosystem Standards. This new coalition aims to enhance compliance measures across the fintech industry, focusing on areas such as anti-money laundering and adherence to the Bank Secrecy Act...
Stripe Unicorn News - September 30, 2024
In response to the Synapse incident, fintech giants including Stripe and Block have established the Coalition for Financial Ecosystem Standards. This new coalition aims to enhance compliance measures across the fintech industry, focusing on areas such as anti-money laundering and adherence to the Bank Secrecy Act regulations.
Sources
https://www.forbes.com/sites/jeffkauflin/2024/09/30/after-synapse-disaster-stripe-block-and-other-fintech-heavyweights-join-new-compliance-coalition/
Outline
(00:00:00) Introduction
(00:00:34) Stripe, Block, and Other Fintech Giants Form Compliance Coalition in Wake of Synapse Incident
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