Banking
How Certificates of Deposit Fix Rates and Charge for Early Exits
A certificate of deposit locks a rate for a fixed term, and every 2026 issue prices against the Federal Reserve's target range of 3.50 to 3.75 percent set in…
Author
William Elliott
William Elliott covers the intersection of finance and real-life technology — the payment tools, banking systems and AI products that people genuinely keep using. His reporting spans legal software and digital bank licensing, IPO filings through lockup expiry, hardware buying guides, newsroom product reviews, and books — read completely — alongside the reading apps they end up in.
Articles by William Elliott
Fintech News
Treasury Proposes State-Regime Test as GENIUS Act Stablecoin Rules Take Shape
Treasury's April 3, 2026 proposed rule on substantially similar state regimes joins four open GENIUS Act dockets across the OCC, FDIC and NCUA, all pointing at…
Banking
How the Fed Stress Tests Put 22 Banks Through a Recession
The Federal Reserve's June 2025 stress test projected the 22 participating banks' aggregate CET1 ratio falling from 13.4 percent to a minimum of 11.6 percent…
Banking
Why Online Banks Pay More on Savings Than Branch Networks
The FDIC put the national average savings rate at 0.46 percent in February 2024, while the largest online banks kept paying above 4 percent APY.
Banking
Wire vs ACH vs RTP: What Each Payment Rail Costs Banks
Federal Reserve fee schedules price a FedNow instant credit at 4.5 cents per transfer, while Fedwire Funds per-item fees run roughly 16 to 53 cents depending on…