BNC Squared: Skinny Master Accounts, FDIC Loses to Shareholders, & Travel Debit Cards

Kiah and Alex catch up ahead of the inaugural Fintech Takes: Builders Summit (https://fintechtakes.com/builders-sum...) to discuss how to dress for an event that cold as well as potentially plan to play a nerdy board game (https://www.amazon.com/Renegade-Game-...) that could be about banking while they’re there.



They then break down the news. First up is the public (and Alex’s) confusion around the proposed skinny master account from Fed Gov. Christopher Waller, which could either be a potential national money transmitter license or is a narrow fix for a handful of unusual institutions. Kiah then recaps the sad and strange tale of the 2023 failure of Heartland Tri-State Bank, including the recent twist about who is considered a victim that needs restitution.



Finally, Kiah discusses two of her favorite things: banking and travel cards. But this time, it’s not a credit card. 








Taktile⁠⁠⁠ (https://taktile.com?utm_source=chatgp...) is an AI Decision Platform that helps financial institutions automate and improve their risk management strategies across the entire customer lifecycle. From onboarding and credit underwriting to fraud detection and transaction monitoring, Taktile empowers risk teams to build, test, and optimize their critical decision processes, without relying on engineers. Taktile has been recognized as category leader — for four quarters in a row — in G2’s Quarterly Report for Decision Management Platforms, and is trusted by leading fintechs, banks, and insurers across the globe. The company is headquartered in New York City and has offices in Berlin and London. For more information, visit⁠⁠⁠ taktile.com⁠⁠⁠ (https://taktile.com?utm_source=chatgp...) or ⁠⁠⁠follow Taktile on LinkedIn⁠⁠⁠ (  / taktile1  ) .








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