Fintech
Jun
02
2024
$517,000,000,000 in Unrealized Losses Hit US Banking System As FDIC Warns 63 Lenders on Brink of Insolvency
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Unrealized losses in the US banking system are once again on the rise,… More…
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May
31
2024
30,000,000 Customers’ Data Allegedly Exposed and on Sale After Trillion-Dollar Bank Suffers Massive Data Breach: Report
An infamous hacker group says it’s behind a breach at one of … More…
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May
29
2024
Bank of America’s Wealth Management Division Leaks Names, Social Security Numbers of 1,883 Pension Plan Members
Bank of America’s wealth management firm, Merrill, says an… More…
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May
29
2024
PayPal’s PYUSD Stablecoin Set To Expand to Solana Blockchain, Says Payments Giant
Payments giant PayPal says that its stablecoin, PayPalUSD (PYUSD),… More…
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May
29
2024
Bank of Israel Launches Digital Shekel Challenge
The Bank of Israel has announced the Digital Shekel Challenge, inviting… More…
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May
28
2024
JPMorgan Chase Paying $100,000,000 Fine, Issues Rare Admission of Guilt in Settlement With US Financial Regulator
JPMorgan Chase has issued a rare admission of guilt and agreed to pay… More…
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May
27
2024
US Regulator Says Bank Will Pay $1,500,000 Settlement for Allegedly Overcharging and Deceiving Hundreds of Customers in Veterans’ Loan Scandal
A US regulator says it’s reached a $1.5 million settlement … More…
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May
26
2024
Wells Fargo Freezes 92 Year-Old Man’s Bank Account Without Notice, Triggering Eight Month Battle To Withdraw His Money: Report
A 92 year-old man who recently lost his “true love” says… More…
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May
16
2024
Block Subsidiary, TBD, Partners With Chipper Cash for Quicker, More Affordable Remittances
TBD, a subsidiary of Block, owned by Jack Dorsey, has formed a partnership… More…
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May
16
2024
Egyptian Fintech Startup Secures $3.5M in Seed Funding Round
The Egyptian fintech startup Mnzl plans to enhance its lending technology… More…
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