SoftBank-backed digital bank Zopa beefs up executive team with IPO-experienced CTO
LONDON — British digital bank Zopa is beefing up its management team with a couple of senior hires, as the…
‘Is this real?’ JPMorgan court filing shows Frank employees questioned stats before acquisition
Employees of a startup purchased by JPMorgan Chase expressed disbelief when the company’s founder directed them to boost their customer…
Senate Democrats pressure PayPal, Venmo, Cash App over fraud protections
WASHINGTON — Senate Democrats on Thursday urged PayPal and Cash App to better protect users of their peer-to-peer payment applications…
U.S. withdraws new charges in Sam Bankman-Fried case, punts them to 2024
Federal prosecutors asked a judge on Thursday to remove five charges against alleged crypto fraudster Sam Bankman-Fried, including bribery of…
$5 billion fintech Zepz looks to take on rivals like PayPal with digital wallet, M&A plans
LONDON — Zepz, the owner of money transfer firms WorldRemit and Sendwave, is on the hunt for mergers and acquisitions…
Banks are cutting off Binance’s access to U.S. banking system, exchange says
Binance.US customers will no longer be able to use U.S. dollars to buy crypto on the platform as early as June…
Binance U.S. clients have $2.2 billion ‘at significant risk’ after crypto exchange charged, SEC says
The $2.2 billion of U.S. customer assets held by Binance is at “significant risk” of being stolen by founder Changpeng…
Investors pull $790 million from crypto exchange Binance after SEC charges
Crypto investors pulled $791.6 million from the crypto exchange Binance in 24 hours, crypto research firm Nansen said Tuesday, after…
Crypto bill from Republicans lays out clear roles for SEC and CFTC
Republican lawmakers released a draft bill on Friday that would provide crypto assets and exchanges a clearer regulatory plan, allowing…
Boss of Goldman-backed digital bank Starling to step down next month
The co-founder of Starling, one of the U.K.’s largest digital banks, is set to step down as CEO next month,…
