Fintech
Trump Wants Fintechs on the Fed's Rails. Banks Reach for the Smelling Salts.
Trump's fintech order and the Fed's payment-account proposal reopened the fight over who gets direct access to America's money pipes at all.
Fintech
Mercury Raised $200 Million to Stop Renting a Bank and Become One
Mercury's $200 million round is really a bank charter story: the startup-fintech stack wants to stop renting sponsor banks and own the pipes.
Fintech
PayPal Made Wallet Funding Weird Enough for the FCA
The FCA's PayPal wallet probe spotlights who controls checkout when cards, bank accounts, and digital wallets all want to be the front door.
Fintech
The ECB Wants a Digital Euro That Taps Like Visa and Bills Like Sovereignty
The ECB’s new digital euro standards push is really a bid to stop Europe renting payments from Visa, Mastercard, and wallet gatekeepers.
Fintech
Stablecoin Founders Keep Applying for Bank Charters, Because Apparently the Endgame Was Banking All Along
OCC stablecoin rules and a growing bank-charter queue show crypto’s next act is less anti-bank rebellion, more reserves, audits, and supervision.
Fintech
The FDIC Just Explained Stablecoins to Banks, and the Answer Is: Fine, but Bring Capital
The FDIC’s April stablecoin proposal shows where fintech is headed: tokenized money can go mainstream, but only under bank-style rules.