Get the scoop on finance - sign up for mobile alerts

Fintech

Billion-Dollar Bank Handing Cash To Current and Former Customers After Lawsuit Accuses Lender of Improperly Assessing Overdraft Fees

A US bank has decided to settle a class-action lawsuit and pay hundreds of thousands of dollars to current and…

November 15, 2025

FDIC Pushing for Clarity on Stablecoins and Tokenized Bank Deposits by End of 2025

The FDIC is pushing for imminent regulatory clarity on how US banks can blend stablecoins with commercial bank deposits. At…

November 14, 2025

Visa and Mastercard Reach $38,000,000,000 Settlement Over Alleged High Swipe Fee Charges: Report

The two largest payment processing networks in the world have reportedly revised their settlement offer to merchants who accuse them…

November 12, 2025

DBS and JPMorgan Chase Developing Framework for Cross-Blockchain Tokenized Deposits

DBS Bank and JPMorgan Chase's blockchain department Kinexys are developing a framework to support tokenized deposits utilizing multiple blockchains. This…

November 12, 2025

Major Bank Accused of Breaching Customer Agreements, Failing To Reimburse Fees in Class Action Lawsuit

A billion-dollar bank is facing a new class action lawsuit, accused of breaching its own customer agreement by failing to…

November 8, 2025

Top Regulator Pushing US Banks To Scrap Policies That Led to ‘Debanking’ of Customers: Report

A senior official at the Office of the Comptroller of the Currency (OCC) says he's working to ensure large US…

November 6, 2025

JPMorgan Chase, Wells Fargo Customers Facing New Monthly Service Fees – Here’s Who Will Pay More

A group of customers at JPMorgan Chase and Wells Fargo are about to start paying more in monthly service fees.…

November 1, 2025

Mastercard to Pour $2,000,000,000 Into Crypto Industry With New Acquisition of Zerohash: Report

Payments giant Mastercard will reportedly be acquiring crypto startup Zerohash in another move to position itself in the digital assets…

October 31, 2025

Fintech Firm Issues Japan’s First Yen-Denominated Stablecoin on Ethereum, Avalanche and Polygon

A Japanese financial technologies (Fintech) firm is issuing the country's first-ever yen-based stablecoin across several major blockchain platforms. JPYC Inc.…

October 28, 2025

Banking Giant Citi Partners With Top US Crypto Exchange Coinbase To Help Institutional Clients Use Digital Assets

The banking behemoth Citi has brought Coinbase on board to help its institutional clients convert fiat currency to crypto. Citi…

October 27, 2025