FinTech

Banks face tough new security standards in the EU — their tech suppliers are under scrutiny, too

Financial services companies and their digital technology suppliers are under intense pressure to achieve compliance with strict new rules from…

Morgan Stanley tells wealth advisors they can pitch bitcoin ETFs in a first for a big bank

Morgan Stanley on Friday told its army of financial advisors that it will soon allow them to offer bitcoin ETFs…

This AI-powered financial advisor has quickly gained $20 billion in assets

An automated financial advisor called PortfolioPilot has quickly gained $20 billion in assets in a possible preview of how disruptive…

Trump raises more than $4 million in bitcoin, other digital coins as crypto support pays off

NASHVILLE, Tennessee — Former President Donald Trump is headed to Tennessee this weekend to deliver a keynote address at a…

A Silicon Valley executive had $400,000 stolen by cybercriminals while buying a home. Here’s her warning

After a yearlong search, Rana Robillard was elated to learn she’d beaten three other bidders for a house in the…

CFPB cracks down on popular paycheck advance programs. Here’s what that means for workers

The Consumer Financial Protection Bureau is cracking down on so-called paycheck advance programs, which have grown popular with workers in…

Citigroup tops expectations for profit and revenue on strong Wall Street results

Citigroup on Friday posted second-quarter results that topped expectations for profit and revenue on a rebound in Wall Street activity.…

Banks in Synapse mess make progress toward releasing deposits of stranded fintech customers

There may be relief for the thousands of Americans whose savings have been locked in frozen fintech accounts for the…

How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts

When Natasha Craft first got a Yotta banking account in 2021, she loved using it so much she told her…

Morgan Stanley wealth advisors are about to get an OpenAI-powered assistant to do their grunt work

Morgan Stanley is pushing further into its adoption of artificial intelligence with a new assistant that is expected to take…