Remove Deposit Account Remove Digital Currency Remove Office of the Comptroller of the Currency
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FIS, Fiserv, Infosys In The Running For Robinhood’s Bank Business

PYMNTS

FIS, Fiserv or Infosys will be tapped to provide the processing software for Robinhood’s upcoming mobile bank if it receives approval from the Office of the Comptroller of the Currency. Robinhood ran into trouble with regulators and was forced to remove all material on the product from its website.

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The Fed’s crypto pivot: Unlocking banking access and its impact on payments

The Payments Association

During the Biden Administration, the US Federal Reserve (the Fed) explored plans for Project Cedar, an early-stage framework for a potential central bank digital currency (CBDC). These views highlight the political divisions shaping the debate over the future of digital currency in the United States.