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…
Revolut CEO confident on UK bank license approval as fintech firm hits record $545 million profit
LONDON — The boss of British financial technology giant Revolut told CNBC he is optimistic about the company’s chances of…
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…
Nearly $109 million in deposits held for fintech Yotta’s customers vanished in Synapse collapse, bank says
Ledgers of the failed fintech middleman Synapse show that nearly all the deposits held for customers of the banking app…
Robotics startup cofounded by Synapse CEO is raising funds with exaggerated claims about GM ties
A humanoid robotics startup cofounded by the CEO of bankrupt fintech firm Synapse has canvassed Silicon Valley investors for funds…
Affirm buy now, pay later loans will be embedded into Apple Pay later this year
Apple device users will soon be able to tap into buy now, pay later loans from Affirm for purchases, the…
Synapse bankruptcy trustee says $85 million of customer savings is missing in fintech meltdown
There is an $85 million shortfall between what partner banks of fintech middleman Synapse are holding and what depositors are…
Trump in liberal San Francisco for high-dollar tech fundraiser
Republican presidential candidate Donald Trump will attend a fundraiser hosted by two tech venture capitalists in San Francisco on Thursday, a high-dollar…
Salesforce to open new AI center in London as part of $4 billion UK investment
LONDON — Enterprise tech giant Salesforce is opening an artificial intelligence center in London, making a bullish bet on the…
BlackRock-backed fintech Trustly says IPO still at least one year out even as profits jump 51%
The boss of Swedish financial technology startup Trustly says an initial public offering for the company is still a year…
