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Lenders must halt debanking practices and restore affected customers
Scale back is focused on ESG, diversity, environment, and social issues
The rules aim to ensure customer money is returned if a payment firm collapses
Regulatory uncertainty and potential fees to access customer data prompted Visa’s decision
The coalition warned that the current rules are overly conservative
US banks may see easier merger approvals after Trump overturns Biden’s 2021 policy
Stated that the “novel activities”  oversight program is not needed
Many struggle with the mental leap: to trust a machine to improve human interactions
Says bank had told him he had twenty days to move hundreds of millions of dollars in cash to another bank
Trump has signed the long-awaited GENIUS Act into law, establishing a US regulatory framework for stablecoins
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WEBINAR:
Your Deposits Are Going Digital

Thursday, October 8, 2026 1:00 pm – 2:00 pm ET

What community and regional banks need to understand about tokenized deposits, stablecoins, and the regulatory framework taking shape right now.

REGISTER NOW!

SPEAKER


Dana Weinstein
Dana Weinstein,
Head of Product at Tesser

Dana Weinstein is Head of Product at Tesser, bringing eight years of experience building payments products across US domestic and cross-border rails.

She launched Visa Direct Payouts, architecting a payout capability that now reaches 11 billion endpoints across cards, accounts, and digital wallets...