Six-hour briefing
Fintech Briefing:
What changed in fintech over the last 6 hours
Top Stories
- European Banking Authority Issues Guidance on White Label Banking Services
The European Banking Authority released a consumer factsheet addressing white labelled banking and payment services, encouraging users to verify which entity actually provides the product when offered by a third party brand. The guide directs consumers to evaluate service suitability and determine which company handles complaints.
- Trading and Crypto Firms Back CFTC Authority on Stock Perpetual Futures
Coinbase, Kalshi, Payward, DRW Holdings, Jump Trading, and Paradigm filed a motion to submit an amicus brief supporting the CFTC. The action comes after a federal judge indicated the agency likely exceeded its authority in clearing stock perpetual futures, though Judge Valerie Caproni refused to halt trading on November 3.
Since the last briefing
- · 2 new major stories