FinTech

Fintech nightmare: ‘I have nearly $38,000 tied up’ after Synapse bankruptcy

A dispute between a fintech startup and its banking partners has ensnared potentially millions of Americans, leaving them without access…

Fintech firm Klarna says 90% of its employees are using generative AI daily

Swedish financial technology company Klarna said Tuesday that nearly 9 out of 10 employees in its 5,000-strong workforce are now…

Trump’s porn star hush money trial enters week four: Here’s what’s happened so far

For three weeks, Donald Trump has bounced between the campaign trail and Manhattan Supreme Court, where he faces 34 felony…

Klarna scores major payment deal with Uber ahead of hotly anticipated IPO 

Klarna on Wednesday announced a global partnership with Uber to power payments for the ride-hailing giant’s Uber and Uber Eats…

Walmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending

Walmart’s majority-owned fintech startup One has begun offering buy now, pay later loans for big-ticket items at some of the…

Philippines orders removal of Binance from Google and Apple app stores

The Philippines’ Securities and Exchange Commission has ordered Google and Apple to remove cryptocurrency exchange Binance from their app stores.…

Freetrade, Britain’s answer to Robinhood, posted its first quarterly profit

British stock trading app Freetrade hit eked out breakeven earlier this year, the company told CNBC, marking its first-ever move…

Ripple CEO predicts crypto market will double in size to $5 trillion by the end of 2024

The CEO of blockchain startup Ripple sees the combined market capitalization of the cryptocurrency market topping $5 trillion this year.…

FTX founder Sam Bankman-Fried sentenced to 25 years for crypto fraud, to pay $11 billion in forfeiture

Watch Daily: Monday – Friday, 3 PM ET FTX founder Sam Bankman-Fried was sentenced to 25 years in prison on…