4 stories tagged #Fedwire

  1. Fed Proposes 'Skinny' Master Accounts for Limited Payment Access
    finance

    Fed Proposes 'Skinny' Master Accounts for Limited Payment Access

    The Federal Reserve's new payment account proposal offers limited access to its systems, targeting eligible institutions without expanding eligibility.

    last wk. 1 min read
  2. Maxine Waters demands details on Kraken Fed account
    crypto

    Maxine Waters demands details on Kraken Fed account

    US Representative Maxine Waters asks Federal Reserve Bank of Kansas City to clarify Kraken’s access to Fedwire for safety and regulation.

    2mo ago 1 min read
  3. Revolut Seeks U.S. Banking License to Expand Operations
    finance

    Revolut Seeks U.S. Banking License to Expand Operations

    Fintech giant Revolut has applied for a U.S. banking license, a move that would allow it to operate more like a traditional bank and enhance its U.S. market presence.

    3mo ago 1 min read
  4. Kraken's Banking Arm Achieves Direct Federal Reserve Payments Access
    crypto

    Kraken's Banking Arm Achieves Direct Federal Reserve Payments Access

    Kraken's banking unit secures a limited-purpose account with the Federal Reserve, marking a significant step for the crypto industry's integration into mainstream finance.

    3mo ago 1 min read