Why fintechs are blocking transactions from other fintechs.

More established fintechs are blocking or flagging accounts at digital banks because these companies are growing fast and, the fintechs fear, may be letting too much fraud slip by, according to Nicholas and other experts interviewed for this story. December 20, 2021 When Jeff Csicsek recently tried to buy some stock on his trading app, Robinhood, he received an unexpected error message: "This account is currently not supported." Robinhood does not block the transactions of specific challenger or other banks without cause, a company spokeswoman said Monday. [Extracted from the article]