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Fintech

Third-Largest US Bank Adds $81,000,000,000,000 To Customer’s Account Balance in Massive Payment Error

The third-largest bank in the US accidentally credited trillions of dollars to a customer's balance in a massive payment error,…

March 1, 2025

Jamie Dimon Abruptly Dumps $233,770,000 in JPMorgan Chase Stock As Bank’s Shares Tap All-Time High

JPMorgan Chase CEO Jamie Dimon just sold a massive amount of his company’s stock. New SEC filings show Dimon sold…

February 22, 2025

JPMorgan Chase, Wells Fargo and Bank of America Lose $5,188,000,000 in Three Months After Exhausting Efforts To Recover Cash From Customers

JPMorgan Chase, Wells Fargo and Bank of America say they've lost $5.188 billion from customers who have been declared unable…

February 21, 2025

JPMorgan Chase Launching New Zelle Restrictions After Chase, Bank of America and Wells Fargo Customers Lose $456,000,000 To Scams in One Year

JPMorgan Chase is making major changes to the way its customers can use the payments service Zelle. Starting next month,…

February 19, 2025

JPMorgan Chase Workers Demand Jamie Dimon Reverse New 5-Day In-Office Workweek, Call Rule ‘Great Leap Backward’

JPMorgan Chase employees are banding together to call on the bank's CEO to back down on his demand for a…

February 17, 2025

Billionaire Warren Buffett Pours $1,200,000,000 Into New Asset, Dumps $5,500,000,000 of Berkshire Hathaway’s Exposure To Bank of America

Warren Buffett continues to unload billions of dollars of Berkshire Hathaway’s stake in Bank of America (BAC). New SEC filings…

February 16, 2025

USDT Issuer Tether Backs Multichain Crypto Wallet Zengo To Boost Stablecoin Adoption

The firm behind the biggest US dollar-pegged stablecoin by market cap is throwing its considerable weight behind a new multichain…

February 11, 2025

JPMorgan Chase Abruptly Freezes Customer’s Bank Account, Refuses To Release $65,000 for Nine Months: Report

A Chase Bank customer has reportedly been cut off for nine months after trying to cash a $65,000 check issued…

February 8, 2025

$483,857,000,000 Bank Accused of Denying Customers’ Access to Funds for Days, Depriving Account Holders of Ability To Buy Basic Necessities

One of the largest banks in the US denied customers access to their money for days and placed their lives…

February 8, 2025

$735,000 To Be Handed Out After Billion-Dollar Firm Allegedly Froze Bank Accounts, Forced Customers To Pay ‘Outrageous’ Fees

A billion-dollar fintech firm is preparing to send a total of $735,000 to tens of thousands of customers in a…

February 7, 2025