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Fintech

China Considering Allowing Yuan-Backed Stablecoins To Facilitate Cross-Border Trade and Payments: Report

China is mulling the release of yuan-backed stablecoins to boost the global use of its currency, according to a report…

August 20, 2025

Citi Says S&P 500 Primed for New Record High as Wells Fargo, Bank of America Raise Price Target for One Red-Hot Stock

Citigroup analysts believe the S&P 500 is heading for a new all-time high. The financial giant's strategists are raising the…

August 17, 2025

Zelle Sued by New York Attorney General for Allegedly Allowing Fraud to Run Rampant on Trillion-Dollar Payments Platform

Payments giant Zelle is being hit with a lawsuit from New York's attorney general for alleged widespread security failures that…

August 16, 2025

US Regulator Slaps Wells Fargo’s Investment Arm With $275,000 Fine – Here’s Why

A self-regulatory organization that oversees member brokerage firms and exchange markets just slapped Wells Fargo's investment operation with a $275,000…

August 15, 2025

$822,840,000,000 Bank Forms Joint Venture With Animoca Brands To Issue and Advance Stablecoins

Web3 powerhouse Animoca Brands has partnered with one of the biggest banks in the world, focused on the issuance and…

August 9, 2025

Bank Customers Warned As Scammers Drain Over $100,000 From Accounts – Police Say Zelle, Wells Fargo, JPMorgan Chase, US Bank and Bitcoin Targeted

Police are warning about a surge in scams that have drained more than $100,000 from bank customers in one month…

August 9, 2025

Lawsuit Accuses Wells Fargo of Wrongfully Charging Fees To Potential Clients, Failing to Adequately Reimburse Victims: Report

A new class action lawsuit accuses US banking giant Wells Fargo of wrongfully charging undisclosed fees to potential clients for…

August 9, 2025

Bond King Jeffrey Gundlach Says Fed Rate Cuts Incoming, Warns US Inflation Data Appears To Be ‘Made Up’

DoubleLine Capital CEO Jeffrey Gundlach says the US government's economic data now appears to be largely fabricated out of thin…

August 6, 2025

Fundstrat’s Tom Lee Predicts Major Stock Market Surge, Says Fed Has Gained ‘More Ammunition’

Prominent analyst and Fundstrat managing partner Tom Lee believes the US stock market is gearing up for another huge upside…

August 6, 2025

a16z Exec Warns of ‘Chokepoint 3.0’ As JPMorgan Chase Begins Charging Venmo, PayPal, Coinbase and Others for Customer Data

Venture capital titan Andreessen Horowitz (a16z) is warning that the banks may be initiating a new crackdown on the crypto…

August 4, 2025