bank
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Regulation
Lending Giant Fined $15,000,000 for Withdrawing Funds From Bank Accounts Without Consent, Deceiving Customers With False Statements
One of the largest licensed lenders in the US will pay a $15 million fine for “widespread illegal conduct” including…
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Regulation
Financial Giant Fined $15,000,000 for Withdrawing Funds From Bank Accounts Without Consent, Deceiving Customers With False Statements
One of the largest licensed lenders in the US will pay a $15 million fine for “widespread illegal conduct” including…
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Scams
JPMorgan Chase Rejects Customer After $11,000 Stolen From Bank Account, Victim Says Money ‘Almost Safer in My Pocket’
JPMorgan Chase says news that a scammer stole $11,000 from a retired postal worker’s account is heartbreaking – but the…
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Regulation
Commerzbank becomes first major German bank to obtain cryptocurrency custody license
Commerzbank has secured a cryptocurrency custody license, marking the first instance of a German full-service bank obtaining such approval from…
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Scams
Hackers Hit World’s Largest Bank, Forcing Financial Giant to Rely on USB Stick to Settle Trades: Report
Engineers are investigating how hackers managed to crack the New York arm of the Industrial & Commercial Bank of China…
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Regulation
Ripple To Partner With Georgia’s Central Bank in the Eurasian Country’s CBDC Pilot
Payments platform Ripple Labs is collaborating with the central bank of Georgia to create the nation’s first central bank digital…
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XRP
Ripple And National Bank Of Georgia Join Forces For Digital Lari Pilot
In a recent development, Ripple has been selected by the National Bank of Georgia (NBG) as the official technology partner…
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Scams
Sam Bankman-Fried Describes Fearing ‘Run on the Bank’ Before FTX Collapse in November of Last Year: Report
The disgraced former CEO of the bankrupt crypto exchange FTX is testifying in his own fraud trial against the US…
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Regulation
Billion-Dollar Bank Pays $29,500,000 Fine Over ‘Massive Fraud’, Allowing Criminals to Access $300,000,000
The Federal Reserve and New York Department of Financial Services are hitting a US bank with a multi-million dollar fine…
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Blockchain
Standard Chartered and Deutsche Bank Completes Stablecoin Trial on UDPN blockchain
Big banks are racing to adopt blockchain’s leading use case, with Standard Chartered and Deutsche Bank the latest to trial…
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