Fintechs Are Edging Closer to Banking’s Big Payments Privilege
PositiveArtificial Intelligence

The Federal Reserve is considering a significant change that could allow fintech companies like Circle Internet Group and Stripe to access the central bank's payment infrastructure, a privilege traditionally held by banks. This move could democratize access to financial services, fostering innovation and competition in the payments landscape, which is crucial for consumers and businesses alike.
— Curated by the World Pulse Now AI Editorial System

