Christopher Waller

The Federal Reserve is moving quickly to implement its proposed "skinny" master account, giving state-chartered fintechs more access to the central bank's payment systems. But experts say a legal challenge to the rule is almost certain, regardless of where the Fed draws the line.

Technology
Chris Britt

Few fees, automated savings and social media engagement all reel in the 23- to 37-year-old set and present a competitive threat to big, traditional banks, according to CEO Chris Britt.

Timothy Flacke, co-founder and executive director of Commonwealth

The nonprofit is entering phase two of its project with JPMorgan Chase intended to understand how conversational AI and emerging technologies can help low- to moderate-income consumers.

Federal Reserve Board Governor Christopher Waller

Federal Reserve Gov. Christopher Waller said there was a popular "misunderstanding" Thursday regarding who can qualify for a "skinny" master account, noting that only firms with a bank charter would qualify for approval.

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House Oversight Hearing On District Of Columbia

The D.C. Court of Appeals declined the D.C. Attorney General's request to hear a mid-case appeal after the lower court dismissed a portion of the state's case against EarnIn.

chart visualization

Delinquencies on credit-card debt mostly held steady at the end of last year, but certain groups of consumers are faring better than others.