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Fed's Proposed Payment Accounts Spark Debate on Oversight and Access
Fintech 2 min read

Fed's Proposed Payment Accounts Spark Debate on Oversight and Access

As the Federal Reserve proposes new payment account frameworks, banks and fintechs voice divergent concerns over oversight and access to key payment networks, including FedACH.

Kraken's Historic Fed Account Approval Faces Operational Hurdles
Fintech 2 min read

Kraken's Historic Fed Account Approval Faces Operational Hurdles

Kraken Financial's approval for a Federal Reserve account marks a significant milestone for crypto institutions, yet operational challenges remain. The firm is now navigating the c...

PYMNTS · 30 Jul 2026 2 min read
Fintech 2 min read

Federal Reserve's AML Proposal Signals Shift in Compliance Landscape

The Federal Reserve's new proposal on AML compliance represents a significant pivot towards evidence-based practices, potentially reshaping the regulatory environment for financial...

Finextra · 30 Jul 2026 2 min read
Consumer Credit Applications Surge to Highest Level in Five Years
Fintech 2 min read

Consumer Credit Applications Surge to Highest Level in Five Years

Recent Federal Reserve data indicates a significant uptick in consumer credit applications, reflecting evolving financial behaviors amidst economic pressures. This trend may have i...

PYMNTS · 30 Jul 2026 2 min read
Fed's Bowman Advocates for AI Oversight to Enhance Financial Inclusion
Fintech 2 min read

Fed's Bowman Advocates for AI Oversight to Enhance Financial Inclusion

Federal Reserve Vice Chair Michelle W. Bowman emphasizes the potential of AI to broaden credit access while navigating regulatory challenges. Her remarks highlight the need for tai...

PYMNTS · 30 Jul 2026 2 min read
Credit Unions Urge Fed to Halt Debit Interchange Changes Amid Legal Uncertainty
Fintech 2 min read

Credit Unions Urge Fed to Halt Debit Interchange Changes Amid Legal Uncertainty

America's Credit Unions is pressing the Federal Reserve to pause its proposed changes to debit interchange fees until ongoing litigation is resolved, highlighting the need for regu...

PYMNTS · 30 Jul 2026 2 min read
Marc Andreessen to Advise Fed on AI's Role in Inflation Control
AI 2 min read

Marc Andreessen to Advise Fed on AI's Role in Inflation Control

The Federal Reserve has enlisted Marc Andreessen to explore AI's potential as a disinflationary tool, raising questions about conflicts of interest given his firm's investments in...

The Decoder · 30 Jul 2026 2 min read