Mmastodon BusinessBanking first seen 1 d ago, last 8 h ago, peak #4
Stripe and Ramp press Federal Reserve for direct payment access
Original: Fintechs press for Fed access Stripe and Ramp executives highlighted their companies’ need for more access to the Federa
Executives from Stripe and Ramp said at a Federal Reserve conference that their companies need greater access to the Fed's payment rails. The appeals highlight ongoing friction between fintech firms and the central banking system, as fast-growing payment companies seek direct connectivity rather than relying on intermediary banks. Bankers and policymakers are watching closely, since expanded Fed access for fintechs could reshape how money moves in the US payments system.
Why now: Fintech executives publicly lobbied the Federal Reserve for direct access to its payment systems at a Fed conference, raising policy questions.
Rank over time, top of the chart is #1. 13 snapshots from 1 d ago to 8 h ago.
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