Fintech News
How Instant Account Verification Displaced Micro-Deposits for Bank Linking
Instant account verification confirms a linked bank account in seconds through credential-based data networks, while micro-deposits still take one to two…
Fintech News
Reporting on product launches, service outages, licensing decisions, enforcement actions and partnership changes across payments and digital banking.
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…
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…
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…