The US Federal Reserve is requesting public input on its proposed “payment account,” dubbed a “skinny master account” which ...

The Federal Reserve Board requested public comment on a so-called "payment account" that financial institutions would use ...

In October, Fed Governor Christopher Waller floated the idea of a “skinny” master account tailored for innovation-focused ...

The Fed is exploring whether to create a limited payments account for certain eligible entities, an initial step that could lead to a formal rulemaking down the road. Expert Quote: "These new payment ...

The Federal Reserve requested public input on a new type of payment account, which eligible firms could use for the limited purpose of clearing and settling their payments.

The U.S. Federal Reserve announced Friday it was seeking feedback on establishing limited "payment accounts" for some financial firms, that would grant access to Fed payments services for clearing and ...

The Federal Reserve can lawfully turn away crypto banks seeking access to its payment system, a federal appeals court ruled Friday, siding with the central bank’s discretion to protect the financial ...

The Federal Reserve (Fed) has unveiled plans to grant stablecoin issuers and fintech companies direct access to its payment infrastructure without requiring partnerships with traditional banks. The ...

The US Federal Reserve is considering the introduction of a new type of payment account that would make it easier for smaller companies to participate in the central bank’s payment system, signaling ...

Federal Reserve Governor Christopher Waller has proposed that the Fed offer “payment accounts” to fintech companies with banking charters so that they can settle payment transactions directly at the ...

Fed aims for risk-tailored access to payment services by 4Q 2026 Waller emphasizes rapid progress and innovation at the Fed Fed to seek industry and public comments on new payment accounts Nov 12 ...