Description:
Banks are really good at banking. Tech companies are really good at innovation. What happens when they get together? They have a Baby BaaS! Banking-as-a-Service is a relatively new concept that is experiencing exponential growth as FinTechs (hungry for bank stability) partner with banks (hungry for new revenue streams), flooding the market with novel products & services.
Get the details to learn exactly what BaaS is and how it can benefit community financial institutions. Next, discover the emerging risks presented by FinTechs and BaaS, which present the next chapter of Third Party risk management. The study of risks will include a look at the numerous enforcement actions made against banks in connection with their fintech partnerships. Past enforcement actions are a reliable indicator of future regulatory focus, which is still true even in 2025’s deregulation climate!
Finally, this program will dive into the regulatory agencies “Joint Statement on Bank Arrangements with Third Parties to Deliver Bank Deposit Products and Services”, along with the Interagency “Request for Information on Bank-FinTech Arrangements Involving Banking Products and Services Distributed to Consumers and Businesses”. There is a wealth of information to be gleaned – not only to get up to speed on the current FinTech landscape (and lexicon – there is a lot of new terminology to learn!) but also best practices for navigating successful, profitable, and compliant fintech partnerships.
WHO SHOULD ATTEND:
Compliance staff, risk managers, policy makers, senior loan management, operations managers, operations staff, deposit operations, ACH staff, and audit.
Presenters:
Rebekah Leonard, CRCM
Rebekah is the owner of Elucidate LLC, a compliance training and consulting company. Elucidate means to “make clear, explain, throw light upon”, and describes Rebekah’s desire to illuminate the complexities of compliance with passion and fun. She’s created and produced a TRID music video parody and several Compliance Breakout escape rooms, which she frequently provides at state banking compliance conferences. She is an accomplished speaker and regularly provides webinars through BOL and Compliance Resource.
Rebekah is currently serving as the VP Director of Compliance for a $6 Billion community bank in Montana. She began her career in 1995 at a private lending company, but soon settled into banking, where she’s covered nearly all of it – customer service and teller work, loan processing and review, BSA, and security and business continuity. She now oversees CRA and all aspects of compliance as a senior leader. She has successfully navigated numerous FDIC Compliance, CRA, and BSA Exams. Rebekah has a bachelor’s degree in Organizational Leadership from Chapman University (Magna cum Laude), attended the American Bankers Association National Compliance School in 2003, and has held her Certified Regulatory Compliance Manager designation since 2006. She is a BOL Compliance Guru.
December 16, 2025