Bill · S. 4839· Senate(119-S-4839)
Bank-Fintech Partnership Enhancement Act
- Introduced
- 6/18/2026
- Last activity
- 6/18/2026 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Sponsored by
- Pete Ricketts
- Cosponsors
- - 0 - 1
- Introduced
- In Committee
What this bill would do
The Bank-Fintech Partnership Enhancement Act requires several government agencies to study how partnerships between financial technology companies and banking organizations affect the banking sector. The Federal Reserve, the Comptroller of the Currency, and the FDIC will examine impacts on competition, innovation, and consumer protection. This study includes looking at how these partnerships help form new banks and improve community bank health. Additionally, the National Credit Union Administration must conduct a similar study focused on credit unions and fintech partnerships. Both reports must be submitted to Congress within one year of the Act's enactment.
Yes· 3 of 28
Would business owners be better off under this?+4
Supports the health of community banks and provides new paths for banking organization formation.
Would households on low incomes be better off under this?+3
Fintech partnerships can increase access to financial services for the unbanked or underbanked.
Would immigrants be better off under this?+3
Fintech often provides lower barriers to entry for financial services for immigrants.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
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Increased Access to Services: The study examines the "availability of financial products and services," which could lead to more options for consumers (Section 3(a)(1)).
-
Faster Innovation: The bill looks at how partnerships can "reduce time to market for products and services," potentially bringing new financial tools to the public more quickly (Section 3(a)(1)).
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Support for Local Banking: The study investigates how these partnerships "support the formation of new banking organizations" and "community bank health," which can benefit local communities (Section 3(a)(1)).
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Credit Union Improvements: The National Credit Union Administration will study how fintech partnerships can "improve technological capabilities" and "boost customer acquisition" for credit unions (Section 4(a)(1)).
Potential Negative Impacts for People
- No negative impacts for individuals or groups are explicitly mentioned in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Business Owners+4Good For Immigrants+3Good For Low Income Households+3Good For Rural Residents+3Good For African Americans+2Good For Farmers+2Good For Hispanic Americans+2Good For Middle Class Households+2Good For Native Americans+2Good For Students+2Good For Urban Residents+2Good For Young Adults+2Good For Asian Americans+1Good For High Income Households+1Good For L G B T Q Community+1Good For Men+1Good For Middle Aged+1Good For People With Disabilities+1Good For Retirees+1Good For Seniors+1Good For White Americans+1Good For Women+1
- Economy And Finance
- Improves Small Business Support+3Improves Consumer Protection+2Improves Economic Growth+2Increases Job Creation+1
- Environment Energy And Infrastructure
- Improves Rural Development+2
- Social Issues And Justice
- Improves Poverty Reduction+1
- 6/18/2026
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 1 Cosponsor added.
- Introduced in Senate
2 bills Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Catherine Cortez MastoDemocrat · Nevada