Master Accounts news and trends

Court Backs Fed’s Power to Block FinTech Access to Payment Rails

October 31, 2025
Fed Considers Creating ‘Skinny’ Master Accounts for Select FinTechs
Banking // October 28, 2025

The Federal Reserve is reportedly considering granting FinTechs a form of direct access to its core payment infrastructure. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

New Fed Guidelines Seen Helping Crypto Companies Gain Access to Central Banking System
Cryptocurrency // August 15, 2022

The Federal Reserve announced final guidelines Monday (Aug. 15) that could pave the way for institutions holding crypto and other “new types of financial products” to gain access to so-called master accounts with the central bank. Get the Full Story Complete the form to unlock...

Crypto Bank Custodia Sues Federal Reserve Over ‘Black-Box’ Master Account Decision
Legal // June 08, 2022

Custodia Bank, a Wyoming-based digital asset bank, has taken legal action against the Federal Reserve Bank of Kansas City and the Board of the Federal Reserve to force the institutions to issue a decision on the bank’s application to access the Fed’s Master Accounts.  Get...

Quick Reads
Fed Considers Creating ‘Skinny’ Master Accounts for Select FinTechs

October 28, 2025
The Federal Reserve is reportedly considering granting FinTechs a form of direct access to its core payment infrastructure. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you […]

New Fed Guidelines Seen Helping Crypto Companies Gain Access to Central Banking System

August 15, 2022
The Federal Reserve announced final guidelines Monday (Aug. 15) that could pave the way for institutions holding crypto and other “new types of financial products” to gain access to so-called...