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Fintech

Coinbase Reveals New Smart Wallet Platform Offering ‘Gasless On-Chain Experience’

Coinbase, the largest crypto exchange in the US, has announced the launch of its new smart wallet platform. In a…

June 5, 2024

JPMorgan Chase To Launch Biometric Payments Next Year, Enabling ‘Pay With Your Face’ Shopping: Report

JPMorgan Chase is reportedly preparing to launch a biometric payments system for the masses. The banking giant is preparing a…

June 3, 2024

‘Bank to the Stars’ Facing $770,000,000 Lawsuit for Allegedly Aiding Ponzi Scheme, Ignoring Glaring Red Flags: Report

A lender known as the "bank to the stars" is being sued for $770 million for allegedly aiding and abetting…

June 3, 2024

$517,000,000,000 in Unrealized Losses Hit US Banking System, FDIC Says 63 Lenders on ‘Problem List’

Unrealized losses in the US banking system are once again on the rise, according to new numbers from the Federal…

June 2, 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 the world's largest banks. The notorious group ShinyHunters…

May 31, 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 employee has accidentally leaked the personal data of 1,883 pension plan…

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), is expanding onto the blockchain of smart contract platform Solana (SOL).…

May 29, 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 a $100 million fine to a US…

May 28, 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 with a bank that caused "significant harm" to its customers.…

May 27, 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 Wells Fargo abruptly froze his account, triggering an eight…

May 26, 2024