Revolut Wins Conditional US Bank Charter
Revolut moves a step closer to becoming a bank in America. The London-based fintech’s pursuit of a Revolut US bank charter has passed a major regulatory milestone.
USA
Does the New York Scaffold Law Apply to Every Construction Site Fall?
A fall at a construction site in New York can look simple from the outside, but the legal questions behind it may be far more detailed. A worker can fall from a ladder, scaffold, roof, platform, or even a level surface, yet each accident may raise different questions under the law. The Scaffold Law in […]
Meta Youth Trial 2026: What Fintech UX Designers Need to Know
Meta’s youth safety trial opened on August 18 in the U.S. District Court for the Northern District of California, putting Facebook and Instagram’s product design under unusually close legal scrutiny. Four states: California, Colorado, Kentucky and New Jersey, are leading the bellwether case, part of a broader lawsuit brought by 29 states in 2023.
World Liberty Financial Wins OCC Conditional Bank Charter for $4B USD1 Stablecoin
The Office of the Comptroller of the Currency (OCC) has given conditional approval to World Liberty Trust Co., clearing the way for the Trump family-linked crypto venture to operate as a national trust bank. The decision lets World Liberty Financial (WLF) bring management of its USD1 stablecoin in-house. For now, the company relies on third-party […]
Oil, CPI and the Hidden Cost of Inflation for Payments Firms Revealed
Financial markets are heading into one of the week’s most important economic releases with oil prices adding another layer of uncertainty. The U.S. Consumer Price Index for July is due today, while producer-price data follows on August 13. Economists surveyed by Reuters expect headline CPI to rise 3.4% from a year earlier.
Money20/20 USA
Money20/20 USA is the world’s greatest most influential gathering of the global money ecosystem including banks, payments, tech, startups, retail, fintech, financial services, policy, and more.
CLARITY Act Vote Is Now Due September
The CLARITY Act, Washington’s biggest attempt yet to write clear rules for crypto markets, missed its shot at finalizing in a vote before the Senate’s August recess. Nevertheless, the initiative is still very much alive. U.S. Senate Majority Leader John Thune has opened the first procedural steps needed to bring the bill to a vote […]
July Jobs Report Lands Amid the Fed’s Most Divided Vote Since 2016
The US labor market just handed new Federal Reserve Chair Kevin Warsh an unwelcome test of his authority and the timing could not be worse.
Markets Digest the Fed’s Hawkish Hold as Fresh ISM Data Lands
The Federal Reserve’s July 29 decision to hold its benchmark rate at 3.50%–3.75% is still working its way through markets, and Monday’s ISM Manufacturing PMI report gave investors their first hard data point to test the central bank’s internal split. For payments and lending, the combination points to a stretch of elevated borrowing costs running […]
FOMC July 2026: Fed Holds Rates at 3.50%-3.75% in Warsh’s First Contested Vote
On July 29, Federal Open Market Committee has voted on the federal funds rate with a ratio of 9-3 in favor of maintaining the rate within the 3.50%-3.75% range. This was the first time Federal Open Market Committee Chair Kevin Warsh had to face dissenters since he took office. The opposition has come from three […]
White House Nears Frontier AI Review Deal as OpenAI Pauses Advanced Model
The United States is moving closer to establishing a federal review process for frontier artificial intelligence models, a development that could reshape deployment timelines for financial institutions relying on cutting-edge AI. The reported policy discussions come as OpenAI has temporarily paused internal access to an unreleased frontier model following concerns that it repeatedly found ways […]
ECB Warns Stablecoins Could Drain Bank Deposits, Reinforces Case for Digital Euro
The European Central Bank (ECB) has renewed its warning that widespread stablecoin adoption could weaken Europe’s banking system by diverting deposits away from commercial banks, strengthening the central bank’s case for introducing a digital euro as a secure, publicly backed alternative for digital payments.
Pentagon Opens the Vault: Decades of UFO Files Now Public
The United States government has pulled back the curtain on one of its longest-held collections of mysteries. The Pentagon released its first tranche of declassified UFO files on May 8, making videos, photographs, and internal reports spanning nearly eight decades available to anyone with an internet connection — no security clearance required.
Kinfos Events Opens PayTail Summit 2026 Registration With $695 Early Bird Pass In Chicago
As digital payments, AI-driven checkout experiences, and embedded finance continue to reshape retail commerce, the PayTail Summit 2026 will bring together payments, ecommerce, and fintech leaders in Chicago on September 10, 2026. Organized by Kinfos Events, the one-day event will focus on payment innovation, customer experience, fraud prevention, omnichannel commerce, and AI-powered payment decisioning, with […]
The Chinese Yuan’s Growing Role in the Global Oil Crisis: What You Need to Know
As the US-Iran conflict disrupts oil markets and threatens petrodollar dominance, both India and the UAE are turning to the Chinese yuan for oil payments — a shift with major implications for the global financial order.
Coinbase Scores Key Federal Win With U.S. Trust Charter Approval: What It Means for Crypto
Coinbase has secured a major regulatory breakthrough in the United States, receiving conditional approval for a national trust charter from the Office of the Comptroller of the Currency (OCC). The decision marks one of the most significant federal endorsements of a crypto firm to date and could reshape how digital assets are handled at scale.
Breaking News
