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Why fintechs are blocking transactions from other fintechs

Some established financial technology companies like Robinhood are said to be refusing to accept funds from accounts at young digital-only banks that they say are growing too fast to deter fraud. The companies being blocked respond that it’s an unfair, scattershot approach. ....

New York , United States , Tommy Nicholas , Shamir Karkal , Mary Ann Miller , Jeff Csicsek , Lendingclub Bank , Ann Miller , Digital Banking , Bank Technology , Ab Technology ,