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Fed Casting Wary Eye On FinTech Firms’ Infrastructure Access?

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central bank, is getting a bit worried about sharing some of the financial infrastructure with tech upstarts such as OnDeck Capital and Kabbage , a sense of caution that the newswire said puts the bank “at odds with other regulators looking to bring [those firms] into the fold.”. Reuters reported early Monday (Jan.

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The Surprises Edition: Ethereum, PayPal And The Fed

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But that is changing as more consumers in the region are embracing digital methods and purchase channels, and the payments industry is pegged to grow ten-fold to $500 billion by 2020. Louis, James Bullard, offered a warning of his own: U.S. said Randal Quarles, new member of the Fed’s Board of Governors. “I

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