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TODAY in the Executive Members' Community | YILN | March 13, 2025

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For Watchers

For Readers:

It’s March 13, 2025, and today’s lineup is packed.

• The Fed’s 75-page credit card report—why regulators are watching closely

• The stablecoin war heating up ahead of Trump’s crypto legislation

• Visa’s anti-scam task force that stopped $350 million in fraud

• Why fintech giants are going long-term, and how Coinbase is moving into DeFi futures trading

• And the UK Treasury’s big rejection of a Bitcoin reserve—imagine that!

📢 Top Headlines

🚀 AI is transforming payments, and everyone’s buying in.

• Fintech Wrap Up says that AI is revolutionizing payments by automating fraud detection, improving transaction speeds, and personalizing customer experiences. 📎 Read More

📉 Wells Fargo is suing JPMorgan over a $481M loan.

• Banking Dive reports that Wells Fargo is dragging JPMorgan to court over a messy commercial real estate loan. Could this trigger more lawsuits as banks scramble to offload distressed property debt? 📎 Read More

💰 The UK is scrapping its Payment Systems Regulator.

• The Paypers reports that the UK government is dissolving its payment watchdog, shifting oversight responsibilities elsewhere. Critics warn that big players like Visa and Mastercard could face less scrutiny. 📎 Read More

🔥 The BIG Story: The Fed’s 75-Page Credit Card Report—Here’s What You Need to Know

Let’s break it down:

🔹 Credit card debt is skyrocketing. Balances have surpassed pre-pandemic levels, especially among middle-income earners. 

🔹 Late fees and penalty APRs are up, despite regulatory pressure to cap them. 

🔹 AI-driven underwriting is the next frontier. Banks are using machine learning to approve and deny credit faster than ever—but will this actually be fairer?

Regulators are hinting at new credit card rules, while fintechs are doubling down on alternative lending models. Expect major CFPB moves soon. 📎 Read More"

Purchase the Friendship Bracelet Coloring Book HERE

🎙️ Mr. X Speaks: The Stablecoin War & Crypto’s Power Plays

Now, let’s get into Mr. X Speaks. If you're new here, Mr. X is our anonymous fintech insider who always has the spiciest takes.

🎙️ Mr. X: “Well, well, well… looks like stablecoins are in for a wild ride. The Trump administration is about to drop major crypto legislation, and the biggest stablecoin players—Tether, Circle, and Paxos—are scrambling to stay in D.C.’s good graces.

And let’s talk numbers—the stablecoin market cap just hit a record $234.8 billion. You don’t have to be Nostradamus to see what happens when things go vertical. History tells us that when crypto moves too fast, there’s always a correction waiting around the corner."

📎 Read More

📊 Market Movers & Industry Trends

🔹 Visa’s Scam Disruption Task Force just saved $350M from fraudsters.

• Visa says this new anti-fraud team is already shutting down major scam networks. 📎 Read More

🔹 Coinbase is eyeing the futures market for DeFi.

• Lex Substack reports that Coinbase wants a bigger slice of the derivatives market, signaling a major expansion into DeFi futures trading. 📎 Read More

🔹 William Blair says fintech needs to think long-term.

• The investment firm argues that fintech should prioritize sustainability and regulatory adaptation, not just growth-at-all-costs. 📎 Read More

🔹 Xsolla launches ‘Loyalty-as-a-Service’ for game developers.

• This new platform helps gaming companies create engagement-focused loyalty programs. 📎 Read More

💡 YILN’s Quick Takes

💳 AffiniPay’s Legal Industry Report says online payments are transforming law firms.

• Law firms using online payments report faster collections and higher client retention. 📎 Read More

📉 Cash is disappearing—now just 15% of in-store transactions.

• Worldpay says that digital payments have taken over, with buy-now-pay-later options soaring. 📎 Read More

🚫 UK Treasury rejects a Bitcoin reserve.

• UK regulators say crypto is too volatile to hold as a national asset. 📎 Read More