Fintech News
How FDIC and Fed Consent Orders Reshaped BaaS Banking After Synapse
Six federal enforcement actions against BaaS banks between January and June 2024 set the supervisory baseline that partner banks still operate under after…
Author
Tomás Ferreira
Independent editorial contributor covering crypto markets, digital assets and fintech for VUGA Network publications.
Articles by Tomás Ferreira
Fintech News
How Embedded Finance Puts Banking Inside Software Platforms Through Sponsor Banks
Embedded finance lets software platforms offer accounts, cards and credit through APIs, while a chartered sponsor bank holds the deposits and answers to…
Payments
How Preauthorization Holds Work at the Gas Pump
Fuel merchants can place holds of up to $175 on consumer cards since April 2022 network rule changes, and the release timing depends on both the station and the…
Fintech News
CFPB Open Banking Rule Faces April Compliance Date With Docket Unresolved
The CFPB open banking rule keeps its first compliance date of April 1, 2026, while the Bureau's August 2025 reconsideration remains the last public action in…
Fintech News
How Chime and Other Neobanks Turn Free Checking Into Interchange Revenue
Chime generated $1.67 billion in 2024 revenue while charging no monthly fees, with substantially all of it from debit interchange, per its May 2025 S-1 filing.