Third-Party & Fintech Vendor Risk Management: Meeting Regulatory Expectations in a High-Exposure Era

Event Description

As banks increasingly partner with FinTechs and third-party providers to deliver digital services, the regulatory focus on third-party risk management has intensified. Recent guidance from the OCC, FDIC, and Federal Reserve emphasizes the need for institutions to strengthen due diligence, contract oversight, data controls, and contingency planning — especially in Banking-as-a-Service (BaaS) and embedded finance models.

This webinar will walk through a risk-based framework for managing third-party relationships, including how to assess vendor criticality, monitor performance, and navigate contract risk. We’ll cover examiner expectations, real-world failures, and what banks must do to maintain control, accountability, and compliance across their vendor ecosystem.

Key Takeaways:

• Understand how recent regulatory guidance (e.g., Interagency Guidance on Third-Party Relationships) is reshaping vendor oversight expectations.

• Learn how to identify and mitigate risks in fintech partnerships, including data privacy, reputational exposure, and BSA/AML compliance.

• Explore best practices for due diligence, risk tiering, and contract negotiation — including termination clauses and SLAs.

• Review governance strategies for monitoring performance, managing change, and ensuring vendor accountability.

• Discover tools and templates that support documentation, board reporting, and regulatory readiness.