The Fed’s Payment Rails and Fintech Access
David Zaring, Wharton Professor of Legal Studies and Business Ethics, discusses the Fed’s proposal to grant limited payment system access to fintech and crypto firms.
This Week in Business · Wharton Podcast Network
March 18, 202614m 15s
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Show Notes
David Zaring, Professor of Legal Studies and Business Ethics at the Wharton School, joins the show to explain the Federal Reserve’s consideration of a “skinny” master account for nonbank financial firms. The conversation covers payment rails, regulatory oversight, competition with traditional banks, and the implications for community lenders and financial stability. They also examine potential litigation and legislative responses.
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