We can all be forgiven for missing this one late in the day on the Friday after Thanksgiving. But better late than never as the case is quite instructive in terms of the third-party risk management guidance the regulator shares in its consent order, particularly as the advice pertains to
FDIC issues notable consent order on fintech vendor risk management
The order against First Northwest Bancorp includes thoughtful provisions about third-party relationship management, especially with a fintech provider.