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FinTechUpdate

Venmo Launches Venmo Teen Accounts
Venmo is launching a new type of account aimed at teenagers and provides added protections and safeguards....
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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....
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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....
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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 servic...
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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....
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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....
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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....
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First Republic Bank Falls; JPMorgan Takes Over Debts and Assets
First Republic has fallen despite an organized campaign by other banks to prop it up and avoid the same face as Silicon Valley Bank....
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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...
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Charges Against Dan Price Dismissed
Assault charges against Gravity Payments founder and former CEO Dan Price have been dismissed....
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Police Arrest Suspect in Bob Lee Killing
Police have arrested a suspect in the murder of Bob Lee, another tech exec by the name of Nima Momeni....
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Net-Zero Goal Of Financial Coalition Hindered By Defections
Learn more about how the net-zero financial coalition has been hindered by defections in the article below....
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Lawmakers Investigate SVB’s ‘Backscratching Arrangements’ With Tech Execs
Lawmakers want answers regarding "backscratching arrangements" between Silicon Valley Bank and tech execs....
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SFPD Chief: ‘I Have 100% Confidence’ We’ll Solve Bob Lee’s Murder
SFPD Chief Bill Scott has expressed "100% confidence" in his homicide department as it investigates MobileCoin exec Bob Lee's murder....
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Cash App Founder Bob Lee Killed in Stabbing
Cash App Founder and MobileCoin Chief Product Officer Bob Lee was stabbed to death early Tuesday morning....
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Charlie Javice, Former Frank CEO, Charged With Fraud
Charlie Javice, the founder and CEO of Frank, is being charged with attempting to defraud JPMorgan....
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The Safest Payment Methods for 2023
Learn more about the safest payment methods for 2023 in the article below....
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Fearful Investors May Find Safety In Gold – Or A Shiny Illusion
 The ongoing battle with inflation, fears of recession, an up-and-down stock market, and concerns about banking stability are making for a turbul...
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JPMorgan: US ‘Past the Point of No Return’ and Headed Toward Recession
JPMorgan is sounding the warning about the US economy, saying it is "already past the point of no return."...
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Personal Loans For Business: What You Need to Know
When it comes to personal loans for business, here is what you need to know. Learn more in the article below....
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