Chris Rigoni

World Adoption Day is such a special day for us. Adoption changed our lives so much, and God blessed us immensely by using our yes to create an incredible future for us and a sweet little girl. We get to experience God’s love in a brand new way, and we are so grateful for it. We are adopted into relationship with God through Jesus, which God knew and planned to reconcile us to Him. His plan for Ophelia, while we did not know it, was always for her to be a part of our family. God uses us in amazing ways, and has a wonderful plan for her life as well. There are so many children waiting to be adopted. I encourage everyone to pray on how you can help. Maybe it is adoption, maybe it is supporting those who are adopting, maybe it is foster care, or supporting those who provide foster care. However you help, we can all do something. May we show these children the love of God. ❤️

With one week left in the TPRM comment window, what separates a letter the agencies can use from one that just registers a preference? The OCC, Federal Reserve, FDIC, and NCUA proposed in September to rescind the 2023 interagency third-party risk guidance and replace it with a principles-based framework. Comments are due Monday, November 16. Most letters will ask for flexibility. The agencies already know the industry wants flexibility, so a letter that only asks for it does not add much. A letter that describes how a bank reviews a partner's own third-party program, and how that review changes when the partner's vendor is critical, gives the agencies something they can use in the final version. Three questions come with the proposal, and the 2023 guidance never answered them in a way banks and examiners read the same way. How should a bank review a partner's third-party program without redoing the partner's work? How should fourth-party review scale with criticality? When a vendor incident hits, what does triage require in the first few days, and when does suspending a data feed do more harm than the incident? A lot of the friction under the 2023 guidance came from that reading gap. Comments that describe a real review, a real incident, or a real fourth-party problem help the agencies write clearer language this time. If your bank is filing, write about your own program. Describe one review or one incident and what the framework should say about it. #PartnerBanking

UMB's El Dorado deal is a partner banking story about scale. $506M buys $2.1B of deposits at 88 bps, 35 branches, and more room for partner and sweep growth while staying below $100B in assets. The test is deploying the funding and converting cleanly. @UMBbank #PartnerBanking

Part 2 of the Partner Banking Assessment Playbook, The Gap Assessment, is live on The Finserv Minute. @mikulaja @rshevlin @AlexH_Johnson thefinservminute.substack.co…

A break from #fintech to watch my oldest play in the playoffs for his 11U football team. They played hard today and pulled out the win 14-7 with an interception at the end to seal the win. Love being able to have the work-life balance at @AxiomBank to be able to attend all of his games and practices. Now on to the Championship next week 🏈 Go Tigers!

More than a dozen fintechs have applied for charters, moved to buy banks, or announced plans to in the last year. @tryramp applied Oct. 16. @Chime is buying Stride Bank. Sponsorship isn't dying. It's becoming something banks have to be worth choosing for. #PartnerBanking #Fintech #BankCharter

If an examiner asked your team for evidence that a control ran last quarter, how much could you put on the table? Part 1 of the Partner Banking Assessment Playbook starts with that question, plus a free inventory checklist for free subscribers. thefinservminute.substack.co… @mikulaja @AlexH_Johnson @rshevlin @sytaylor @jasonkelly @pcordway @finteachable

The @CSBSNews 2026 survey found close to 60% of community banks expect stablecoins to erode deposits and lending capacity. Expecting it and planning for it are two different things. #Stablecoins #CommunityBanking #GENIUSAct #Fintech

Every item on a due diligence request list should tie back to a risk the bank has assessed, with a purpose somebody can state out loud. If the team can't explain why an item is on the list, it shouldn't be on the list. #PartnerBanking #RiskManagement #DueDiligence #Fintech

The comment window on the proposed replacement for the interagency third-party risk guidance closes three weeks from today, November 16 (my birthday 🎉). Whatever comes out of this becomes the framework examiners work from. File the comment. #PartnerBanking #TPRM #Fintech #Banking

AI got practical at @money2020, and stablecoins still owe banks an answer. This week’s Finserv Minute covers that, Inside the Vault, and thanks to Themis, Neepa, and Dana Lawrence for the Banker Led Forum. Assessment Playbook Part 1 is next Thursday. thefinservminute.substack.co… @mikulaja @AlexH_Johnson @rshevlin @sytaylor @jasonkelly @pcordway @finteachable @FTConfidential

Don't forget tomorrow at 9:30 AM PT I'll be a guest on Inside the Vault: Life and Death of Partner Banking at the MoneyPot Podcast Booth 2, which is easy to find with the giant honey dipper hanging over it. Tedd Huff and Stephen Bishop of Fintech Confidential are hosting, and Barbara J Negron of Cogent Bank will be on with me. The conversation covers the successes, setbacks, and outlook for partner banking with two partner bank executives in the room. If you're at the show, stop by, listen in, and say hello! @money2020 @mikulaja @AlexH_Johnson @rshevlin @sytaylor @jasonkelly @pcordway @finteachable

Wheels up! 🛫 Off to Vegas for @money2020. ​Excited to kick things off today at the @Themis Banker Led Forum—looking forward to some great discussions on what's next for banking and fintech partnerships. ​If you're in Vegas, let's catch up! ☕️ See you there! ​#Money2020 #fintech #banking #ThemisBankerLedForum #Vegas

No Finserv Minute post this week because I'm back at Money20/20 USA after years of attending, representing Partner Banking at Axiom Bank, and speaking on Inside the Vault: Life and Death of Partner Banking with Tedd Huff, Stephen Bishop, and Barbara Negron. Tue Oct 20, 9:30 AM PT, MoneyPot Podcast Booth 2. @money2020 Subscribe to the Finserv Minute to get updates directly in your inbox here: thefinservminute.substack.co… @mikulaja @AlexH_Johnson @rshevlin @sytaylor @jasonkelly @pcordway @finteachable

@rshevlin says Moov Money could turn banks into the destination for gig income. I took it further and designed three products around it. What would kill this for your bank: cost or adoption? thefinservminute.substack.co… @mikulaja @AlexH_Johnson @sytaylor @jasonkelly @pcordway @finteachable #Payments #BankingInnovation #Fintech

Three federal regulators just wrote down what bankers usually only say out loud at conference bars: core providers hold most of the leverage, and it is shaping what banks can even attempt to build. New piece: Core Leverage. Does this match what you have seen? thefinservminute.substack.co… @mikulaja @AlexH_Johnson @rshevlin @sytaylor @jasonkelly @lex_sokolin @pcordway @finteachable @nikhilkalghatgi #CommunityBanking #Banking #Fintech #CoreProviders

About 1 in 5 U.S. households is unbanked or underbanked, and Zelle has had no real way to serve them since it killed its standalone app. @moov just announced something that might close that gap. New piece up. Is reach the biggest problem in P2P? thefinservminute.substack.co… @mikulaja @AlexH_Johnson @rshevlin @sytaylor @jasonkelly @lex_sokolin @pcordway @finteachable @nikhilkalghatgi #Payments #P2P #Fintech #Banking

Heading to LoanPro's Salt Flats Summit this week has me thinking about lending again, specifically why younger borrowers move fast on small stuff but want a human involved once the stakes go up. Latest from The Finserv Minute: The Lending Paradox. thefinservminute.substack.co… @mikulaja @AlexH_Johnson @rshevlin @sytaylor @jasonkelly @lex_sokolin @pcordway @finteachable @nikhilkalghatgi #Lending #Banking #Fintech #BNPL

Banks keep asking what payments modernization costs, but the more important question is what treating payments as infrastructure instead of a product is costing them in customer relationships, wallet share, and competitive position. New piece in The Finserv Minute: cost center or product investment, and does the framing actually matter? thefinservminute.substack.co… @mikulaja @AlexH_Johnson @rshevlin @sytaylor @jasonkelly @lex_sokolin @pcordway @finteachable @nikhilkalghatgi #Payments #Banking #Fintech #PaymentsModernization

Five installments. One complete framework for partner banking risk management, from standing up a program the right way to what happens when something goes wrong. The Partner Banking Risk Playbook covers the full lifecycle: risk identification, due diligence, monitoring infrastructure, governance and reporting, and what a defined response looks like when a metric goes red. If you have questions, pushback, or things you would add from your own experience, I would genuinely like to hear them. Full series at the link. thefinservminute.substack.co… @mikulaja @AlexH_Johnson @rshevlin @sytaylor @jasonkelly @lex_sokolin @pcordway @finteachable @nikhilkalghatgi #PartnerBanking #Banking #RiskManagement #Fintech