Mmastodon BusinessBanking first seen 18 h ago, last 31 min ago, peak #4

Stripe and Ramp push for direct Federal Reserve payment access

Original: Fintechs press for Fed access Stripe and Ramp executives highlighted their companies’ need for more access to the Federa

Executives from Stripe and Ramp said their companies need greater access to the Federal Reserve's payment rails, speaking at a Fed conference. Their comments reflect a broader push by fintech firms for direct connections to US central bank payment systems rather than relying on intermediary banks, a debate with implications for competition and oversight in banking.

Why now: Fintech executives publicly lobbying the Federal Reserve for direct payment access is a contested policy issue in banking.

StripeRampFederal Reserve

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Rank over time, top of the chart is #1. 4 snapshots from 4 h ago to 31 min ago.

Evidence

• Fintechs press for Fed access Stripe and Ramp executives highlighted their companies’ need for more access to the Federal Reserve’s payment rails during a Fed conference. https://www. paymentsdive.com/news/fintechs -press-for-fed-access/832233/ # FinTech # FinServ # Banking #… · AlexJimenez@mas.to · 1

API: https://socialmediatrends-api.osmike.com/v1/trends/1513622