Welcome back to Fintech Recap. I'm Alex Johnson, joined as always by my partner in recapping, Jason Mikula.Copy anchor linkCopied

We kick things off with the big takeaways from Money20/20, where AI agents were everywhere, and so was the anxiety about what they're already doing inside banks. Big banks want to block them, while fintech companies see opportunity. Will blocking agents eventually become a competitive disadvantage?

Then, it’s our charter watch. In the narrowing window to secure approval under the current administration, we discuss what fintech companies may stand to gain from national trust bank charters. (We also dig into SoFi’s new tokenized deposit, SOFIE, which pays 4.4% APY and converts into SoFiUSD – in part to ask who it’s for!)

Next, bank to debanking we go. The OCC says its new report on the nine largest banks provides “irrefutable evidence.” We read it, and we’re unconvinced.

Finally, EarnIn sued Maryland over a law prohibiting earned wage access providers from soliciting tips, prompting my entirely predictable rant about tipping in financial services (which also conveniently serves as my Can't Let It Go!). As for Jason, he discovered that the CFPB has appointed a Chief Superintelligence Officer, despite having no superintelligence use cases to report.