About Adam Turmakhan

Regional banks must now partner with crypto startups to capitalize on “booming” stablecoin revenues, or risk being locked out of the market by their larger competitors, urges Adam Turmakhan, CEO of TurmaFinTech.

The fintech sector’s outrage at plans to ditch open banking rules is “totally hypocritical,” says Adam Turmakhan, CEO of TurmaFinTech, who argues providers have been holding US community banks “to ransom” over their customer data for years.

Under planned changes to hold large US banks to looser capital rules, the ‘Big Four’ – JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo – could soon “crush” community banks into extinction, warns Adam Turmakhan, CEO of TurmaFinTech.

Under planned changes to hold large US banks to looser capital rules, the ‘Big Four’ – JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo – could soon “crush” community banks into extinction, warns Adam Turmakhan, CEO of TurmaFinTech.

Today, TurmaFinTech, a new fintech startup helping US community banks bridge the technological gap, increase […]