Thursday, March 5, 2026

Fintechs versus Traditional Banks

Crypto Fans Have an Alternative to Savings Accounts. Banks Are Freaking Out.
https://www.wsj.com/finance/currencies/crypto-fans-have-an-alternative-to-savings-accounts-banks-are-freaking-out-b42fdec5
Stablecoins—and the yields they can offer—are at the center of a fight between the crypto and banking industries.
 
Revolut, the British Finance App, Seeks a U.S. Banking Charter
https://www.nytimes.com/2026/03/05/business/dealbook/revolut-us-banking-charter.html
The company said that the move, if approved, would allow it to offer more products to American customers as it seeks to grow globally.