This bill directs federal banking regulators to study how partnerships between banks and financial technology companies affect the banking industry. The Federal Reserve, the Comptroller of the Currency, and the Federal Deposit Insurance Corporation must examine whether these partnerships help new banks form, speed up product launches, reduce regulatory burdens, and improve access to technology and funding. A separate study by the National Credit Union Administration will look at similar partnerships involving credit unions. Both studies must be completed within one year and submitted to Congress with recommendations on any changes needed to federal banking laws or regulations to better support these partnerships. The legislation does not appropriate any specific funding for the studies.