CFES Releases Lending Standards to Strengthen Bank–Fintech Alignment and Provide Clarity in Lending Compliance
The Coalition for Financial Ecosystem Standards (CFES), an industry-led organization that sets audit-ready standards that promote safety and soundness within bank partnerships, today announced the release of its Lending Module accompanied with a Lending Checklist, establishing clear expectations for compliance, risk management, and model governance across the lending ecosystem. The Lending Standards and Checklists within the module bring needed clarity to bank–fintech partnerships at a moment of rapid technological change and shifting regulatory posture, reinforcing the importance of consistent, industry-driven guardrails.
CFES Launches Bank Advisory Committee to Advance Standards for Bank-Fintech Partnerships
The Coalition for Financial Ecosystem Standards (CFES), an industry-led organization for banks, fintechs, and other companies that sets audit-ready standards that promote safety and soundness, today announced the formation of its Bank Advisory Committee. The committee brings together leading financial institutions to formalize bank participation in CFES’s standards development and certification work, reinforcing ecosystem-wide alignment around best practices in compliance and risk management.
