The Coinbase Bank that doesn't want to be a bank 🏦; Anthropic just found the cheat code for Enterprise AI: BUY your customers 🤫; Visa's AI bet: be the Bouncer, not the Register 🤖
FinTech is Eating the World, 7 April
Hey Everyone,
Good morning & happy Tuesday! Today’s issue is incredibly packed as we’re looking at the Coinbase Bank that doesn’t really want to be a bank (what Coinbase becoming a national trust bank is truly about & what to expect next + bonus deep dive into Coinbase’s latest financials & more FinTechs becoming banks inside), Anthropic, which found the cheat code for entreprise AI (the PE implementation playbook to deploy Claude into core workflows like finance, ops, coding, & why it’s brilliant + bonus deep dive into where the AI market is headed & the biggest untapped opportunities out there), and finance giant Visa, which clearly wants to be the one checking IDs when AI Agents start buying (unpacking Visa’s AI strategy, what to watch next + bonus deep dive into other AI initiatives from Visa & why the fraud stack will be critical in the Agentic AI era). Let’s jump straight into the finnovative stuff 🌶️
The Coinbase Bank that doesn't want to be a bank 🤷♂️🏦
The news 🗞️ Eight crypto firms have already received conditional OCC bank trust charters since December. Coinbase COIN 0.00%↑ is now the latest one, and it’s the one that tells you exactly where this is all heading.
Let’s unpack this, understand what Coinbase Bank is really all about, and what’s next.
