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…
Home / Fintech News
Fintech News
Fintech News reports events across payments and digital banking as they occur: product launches, service interruptions, licensing approvals and refusals, enforcement actions and partnership announcements. Each entry notes which providers and merchants are affected. For professionals needing confirmation before customers begin asking questions.
Reporting on product launches, service outages, licensing decisions, enforcement actions and partnership changes across payments and digital banking.
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…
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.