Breaking: Thread Bank Latest BaaS Enforcement Action

Thread, Previously Known As Civis, Has History Of Regulatory Actions

Hey all, Jason here.

Yes, again, on a Friday — FDIC enforcement actions are typically made public on the last Friday of the month. For those hoping for deeper analysis of the Evolve hack, stay tuned for Sunday’s newsletter. In the meantime, you can keep up with the latest by following me on X and LinkedIn.

If you enjoy reading this newsletter each Sunday …