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Fintech

US Banks Now Exposed to Nearly $300,000,000,000 in Private Credit Debt, Signaling ‘Increased Levels of Asset Risk’: Moody’s

The credit ratings agency Moody's warns US banks are facing greater uncertainty due to an increased exposure to private credit…

October 25, 2025

17,600,000 Customers Impacted by Massive Data Breach at US Fintech Firm – Names, Social Security Numbers, Credit Records and More Potentially Exposed

Tens of millions of people are being warned about a major data breach at the US fintech firm Prosper. According…

October 25, 2025

JPMorgan Chase, Bank of America, Wells Fargo and Other US Banks Accused of Reaping Billions From Customers in Alleged Price-Fixing Conspiracy

A new federal lawsuit accuses some of the largest US banks – including JPMorgan Chase, Bank of America, Wells Fargo,…

October 24, 2025

Vantage Bank and Custodia Bring Crypto To US Banks With Tokenized Deposit Platform

Custodia Bank and Vantage Bank just unveiled a new platform allowing US banks to tokenize customer deposits. The turnkey solution…

October 24, 2025

Stock Market Correction That Could Feel Nasty Incoming, According to Morgan Stanley’s Chief Investment Officer

Morgan Stanley’s chief investment officer and chief US equity strategist, Mike Wilson, is warning of a stock market correction in…

October 24, 2025

Visa and Mastercard To Pay $199,500,000 Settlement After Allegedly Forcing Users To Cover Costs of Fraudulent Transactions

Visa and Mastercard just agreed to pay a whopping $199.5 million to resolve a class action lawsuit that's been moving…

October 23, 2025

Coinbase Inks $375,000,000 Deal To Purchase On-Chain Investment Platform Echo

The leading US crypto exchange and services provider Coinbase says it has acquired the on-chain capital formation platform Echo. The…

October 23, 2025

Japanese Financial Regulator To Consider Permitting Country’s Banks To Invest in Crypto: Report

Japan's financial regulators are considering changes to regulations that will allow traditional banks to offer cryptos to clients. Japan's Financial…

October 22, 2025

Amazon, Reddit, Fortnite, Venmo and Banks Hit As Massive Internet Outage Takes Top Websites and Apps Offline

A widespread outage has hit Amazon Web Services (AWS), disrupting major websites and apps around the globe. The issue, centered…

October 20, 2025

Major US Bank Handing $5,000 To Customers in $19,500,000 Class Action Settlement

A major US bank and its affiliates are preparing to hand millions of dollars to customers in a new class…

October 18, 2025