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Court Backs Fed’s Power to Block FinTech Access to Payment Rails
pymnts.com/news/banking/2025/court-backs-feds-power-to-block-fintech-access-to-payment-rails
Access to the Federal Reserve’s payment rails has long been coveted by FinTechs and non-traditional financial institutions seeking a direct link into the heart of the U.S. banking system.
A “master account” at one of the twelve regional Reserve Banks allows an institution to hold…
This story appeared on pymnts.com, 2025-10-31 21:15:20.