Fed Account Access Raises Questions Over FinTech Readiness (opens in new tab)

Covers 2 stories including Federal Reserve Board requests public comment on a proposal to establish a "payment account," which legally eligible financial institutions could use for the specific purpose of clearing and settling their payments

For years, the argument over Federal Reserve account access has largely centered on who gets in. The latest executive and regulatory moves suggest the next phase of the discussion may be about what happens after entry, especially for FinTechs that would conceivably clamor for access. President Donald Trump’s Tuesday (May 19) executive order, “Integrating […] The post appeared first on <a href="

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