banking
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Regulation
JPMorgan Chase’s Plan to Charge 80,000,000 Customers for Basic Checking Accounts and Services Is ‘Outrageous,’ Say US Senators in Blistering Response to Banking Giant
JPMorgan Chase is already hearing from US lawmakers after declaring it may soon impose unprecedented fees on its 80 million-plus…
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Regulation
UK regulators fine Coinbase $4.5 million, grant Revolut banking license
Two crypto companies, Coinbase and Revolut, suffered contrasting fortunes in the hands of the UK authorities during the past week.…
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Regulation
US Banking Giant Accused of Refusing To Reimburse Customers, Denying Millions of Dollars in Fraud Claims ‘Without Any Explanation Whatsoever’
A new class-action lawsuit accuses one of the largest banks in the US of failing to properly investigate and handle…
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Regulation
$384,000,000 To Be Handed To 191,000 Victims of Banking Giant’s Illegal Practices: Consumer Financial Protection Bureau
A US banking regulator says $384 million will soon be handed to victims of an online bank’s illegal practices. The…
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Regulation
Banking Giant Wells Fargo Holds Spot Bitcoin ETF on Behalf of Clients, According To New SEC Filing
US banking giant Wells Fargo is now holding a spot Bitcoin ETF on behalf of its clients, according to a…
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Regulation
Banking Giant JPMorgan Chase Holds $760,000 in Spot Bitcoin ETFs: New SEC Filing
The biggest bank in the US, JPMorgan Chase, says it now holds about $760,000 in spot Bitcoin ETFs on behalf…
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Scams
New ‘Brokewell’ Smartphone Attack Drains Bank Accounts and Leaks Location, Posing ‘Significant Threat to Banking Industry’: Report
Security researchers are issuing an urgent alert about a new malware attack that’s targeting Android users’ bank accounts. The malware,…
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Regulation
Former Wells Fargo Executive Pays $40,000 Fine, Exits Banking Industry After Allegedly Misleading Customers and Falsifying Documents
A former Wells Fargo senior manager just agreed to pay a $40,000 fine and turn his back on the banking…
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Blockchain
Hong Kong investment banking giant launches first tokenized commercial paper on Ethereum
In a landmark development, GF Securities, a leading investment banking giant based in Hong Kong, has announced the launch of…
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Blockchain
Gnosis uRamp joins suite of on-chain banking products
Gnosis Venture Studios, a branch of Gnosis known for developing on-chain finance solutions like Safe and Gnosis Pay, has unveiled…
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