Banks and fintechs come at stablecoins from very different angles
Fintechs and banks approach innovation from different starting points. Noelle Acheson points out that this can be seen in their approach to payments, and now also in the approach to stablecoins.
Fed Gov. Miran has a view on the economy. Is it persuasive?
Fed Gov. Stephan Miran has spent his short tenure at the central bank arguing that disinflation in housing and immigration reforms will tamp down inflation in the near term. But other economists say the timing, degree and context of those effects is very much in question.
Missouri bank launches IPO in search of acquisition
Central Bancompany said in a presentation to investors this month that it’s looking to overhaul its core technology and data systems, while also hunting for a deal.
CFPB issues pared-down small business data collection rule
The Consumer Financial Protection Bureau Thursday will publish a revamped version of its Section 1071 small business data collection rule, dramatically scaling back the data to be collected and the number of lenders who must comply.
Ruling on high-cost loans has nationwide implications
An appeals court’s decision will make it harder for consumer-lending-focused fintechs to operate in Colorado. But the impact could eventually be felt more widely, according to both industry groups and consumer advocates.
New Nacha fraud rules to take effect in 2026
The new rules require banks in the ACH network to implement risk-based monitoring to combat rising fraud and scam schemes.
Sallie Mae joins forces with private equity giant KKR
As opportunities grow for private student lending, Sallie Mae has entered a multiyear “strategic partnership” with the world’s largest private equity firm.
CFPB to gut indirect discrimination in civil rights rule
The Consumer Financial Protection Bureau, building on an executive order by President Trump, wants to eliminate the legal framework of “disparate impact” from its implementation of the Equal Credit Opportunity Act.
Coinbase and BVNK nix acquisition talks
Acquisition talks fell through in the final hours, according to reports. Also: Visa launched another stablecoin pilot on Visa Direct; the Bank of England seeks input on stablecoin restrictions; and more in this week’s global payments roundup.
Fed’s Waller says central bank moving fast on ‘skinny’ account
Federal Reserve Gov. Christopher Waller said Wednesday that the central bank will soon issue a request for information on a nascent proposal to offer “skinny” payment accounts to eligible institutions and is aiming to finalize a rule by the fourth quarter of 2026.