It’s a Small (and Chaotic) World After All

Glen catches up with Lou Grilli for a first-hand recap of the recent World Credit Union Conference in Stockholm, Sweden, and to trade perspectives on a flurry of recent fintech news: open banking, stablecoin interest/”rewards,” debit interchange and another Zelle lawsuit. Also- a new leader at America’s Credit Unions, and have we entered the Era of the Do-Over?        Links related to this episode:   The World Council of Credit Unions: https://www.woccu.org/  Connect with Lou Grilli on LinkedIn: https://www.linkedin.com/in/lougrilli/  CU Broadcast’s interview with America’s Credit Unions’ incoming CEO Scott Simpson: https://www.cubroadcast.com/episodes/4022-scott-simpson-discusses-being-selected-as-americas-credit-unions-new-presidentceo  Payments Dive on the court ruling altering debit card regulations: https://www.paymentsdive.com/news/federal-judge-vacates-debit-fee-card-payments-regulations/757108/   PYMNTS.com on yet another twist in the CFPB Open Banking saga: https://www.pymnts.com/news/cfpb/2025/banks-challenge-open-banking-deadlines-cfpb-mulls-revisions/  Fintechs, crypto, AI players band together to press President Trump on open banking: www.ftassociation.org/wp-content/uploads/2025/08/Open-Banking-CEO-Letter-to-President-Trump_08.13.25-1.pdf  Cracks in stablecoin “regulatory clarity” created by the GENIUS Act are already emerging: https://cointelegraph.com/news/us-bankers-want-stablecoin-yield-loophole-closed  Banking groups’ letter appealing for a revision of GENIUS Act provisions: www.aba.com/-/media/documents/letters-to-congress-and-regulators/jointstateltrgenius20250812.pdf    CNBC on the NY Attorney General’s lawsuit against Zelle: https://www.cnbc.com/2025/08/13/new-york-letitia-james-zelle-lawsuit.html Our recent interview with Finovate’s Greg Palmer: https://www.big-fintech.com/448-minutes-of-fintech-demos-475-fis/     ***Use Code BIG20 for a 20% registration discount on Finovate Fall, September 8-10 in NYC***: https://informaconnect.com/finovatefall/ Follow us on LinkedIn:  https://www.linkedin.com/company/best-innovation-group/   https://www.linkedin.com/in/jbfintech/  https://www.linkedin.com/in/glensarvady/