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British investment funds get go-ahead to launch blockchain-based tokenized assets

With the latest move, the U.K. hopes to bolster liquidity in its asset… More…

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JPMorgan Chase, Wells Fargo and BofA Hit With Negative Ratings Outlook As Moody’s Says US Government Has Weaker Capacity To Support Big Banks

Three US banking giants have just had their ratings downgraded to … More…

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Major US Bank Will Hand Out $1,400,000 for Treating People Like Criminals, Giving ‘Fake Reasons’ To Deny Services: CFPB

The Consumer Financial Protection Bureau (CFPB) is ordering financial… More…

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Financial Giant Fined $15,000,000 for Withdrawing Funds From Bank Accounts Without Consent, Deceiving Customers With False Statements

One of the largest licensed lenders in the US will pay a $15 million … More…

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JPMorgan Chase Rejects Customer After $11,000 Stolen From Bank Account, Victim Says Money ‘Almost Safer in My Pocket’

JPMorgan Chase says news that a scammer stole $11,000 from a retired… More…

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Crypto Con Artists Busted: Trio Arrested In $10 Million Bank Fraud Scheme

Three individuals find themselves at the center of a complex crypto… More…

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Commerzbank becomes the first German bank to secure crypto custody license

Commerzbank becomes the first major German bank to receive a cryptocurrency… More…

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Nobel’s charity trust to lobby CBDCs with new initiative

A newly formed organization will begin a dialogue among central banks… More…

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$174,303,000,000 in Deposit Flight Hits US Banks in Three Months As S&P Global Declares Banking Industry Is ‘Gradually Shrinking’

New numbers are shedding light on the multi billion-dollar flow of… More…

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Hackers Hit World’s Largest Bank, Forcing Financial Giant to Rely on USB Stick to Settle Trades: Report

Engineers are investigating how hackers managed to crack the New … More…

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