FinTechUpdate

Debt can be a slippery slope. If you aren’t proactive about repayments, your outstanding debts could keep growing. And the bigger your outstanding debts gr...

SEC Fines JPMorgan $4 Million For Accidentally Deleting Records

The Security and Exchange Commission announced it has fined JPMorgan $4 million for accidentally deleting "approximately 47 million electronic communicatio...

Apple Pay May Finally Come to India

On the heels of the company opening its first store in India, Apple may finally be makin...

SEC Chair Gary Gensler: ‘We Don’t Need More Digital Currency’

In an interview with CNBC, chairman Gary Gensler didn't mince any words about his take on the crypto market, saying, "we don't need more digital c...

JPMorgan Wants to Apply AI to Investment Advice

JPMorgan is getting in on the AI game, with plans to develop a ChatGPT-like AI that will help customers with their investments....

Anne Boden, Founder of Starling Bank, Is Stepping Aside As CEO

Anne Boden has served as CEO of Starling Bank since founding it in 2014, but has now announced she is stepping down....

Venmo Launches Venmo Teen Accounts

Venmo is launching a new type of account aimed at teenagers and provides added protections and safeguards....

IRS Is Creating a Free Tax Filing Service Over the Industry’s Objections

The Internal Revenue Service is moving forward with plans to unveil a free tax filing service, despite objections from the tax industry....

Revolut CFO Quits After Auditor’s Revenue Warnings

Revolut CFO Mikko Salovaara has quit, citing "personal reasons," just weeks after an independent auditor raised concerns about the company's revenue....

Judge Dismisses Shareholder Lawsuit Over Block’s Tidal Deal

A judge has dismissed a shareholder lawsuit against Block over its "terrible business decision" to purchase a majority stake in the Tidal music service....

TurboTax Sending Out Checks As Part of $141 Million Multi-State Settlement

TurboTax is sending out payout checks as part of a $141 million settlement with all 50 states and the District of Columbia....

DAME Tax: White House Calls for 30% Tax On Crypto Mining

The White House has proposed a controversial tax on crypto mining to help offset its economic and environmental impact....

Customers Deposit Almost $1 Billion in Apple Savings in Four Days

It appears Apple has another hit on its hands, although it's not a tech product in the strictest sense....

First Republic Bank Falls; JPMorgan Takes Over Debts and Assets

First Republic Bank has fallen despite an organized campaign by other banks to prop it up and avoid the same face as...

Commercial Real Estate and its Altered Path

Countless industries and areas of life saw change varying from small tweaks to entire destruction following the pandemic. One very broad industry that saw...

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