Fintechs Near Big Banking Payments Privilege as Fed Considers Changes
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TL;DR: Bloomberg reports the Federal Reserve is considering altering the boundaries of the U.S. financial system. This reevaluation could have a large effect on the competitiveness of both fintech companies and traditional banking institutions. According to Bloomberg.com, the Federal Reserve is evaluating potential changes to the boundaries of the U.S. financial system. This reevaluation could significantly impact both fintech companies and traditional banks, potentially reshaping the competitive environment.
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Key takeaways
- According to Bloomberg
- com, the Federal Reserve is evaluating potential changes to the boundaries of the U
- This reevaluation could significantly impact both fintech companies and traditional banks, potentially reshaping the competitive environment
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