March 20, 2023
If there’s a lesson that FinTechs must learn from Silicon Valley Bank’s (SVB) collapse, it’s the need to diversify their banking partners to include electronic money institutions (EMI), says Anthony Oduu, co-founder and CTO at business-to-business (B2B) cross-border payments provider Verto. According to Oduu, unlike FDIC-insured financial institutions (FIs) that can use clients’ deposits to […]
