Binance, as a surprise to no one, finds themselves the subject of a Reuters exclusive alleging they commingled customer funds with corporate accounts.
For the second time this week, we can take time to celebrate some good news in the lending space, as Monzo reported monthly profitability for the first time.
Most people likely assume their funds are kept in a traditional bank to be drawn upon when transacted because — let's be honest — no one reads the terms and conditions.
We could have devoted this entire newsletter to the crypto crackdown, but that would have been needlessly punitive for all of us.
This week the FDIC, OCC, and the Fed produced a 68-page interagency report detailing how banks should manage third-party relationships.
Your feel-good Friday news comes to us from Klarna this week. The Swedish BNPL behemoth appears to be delivering on its promise from 2022 to return to profitability by the end of 2023.
Major players in traditional finance are taking the crypto exchange bull by the horns to create their versions in a quest for market share.
One day after dropping 13 counts against Binance, the largest crypto exchange worldwide, the SEC set its sights on Coinbase.
Amazon partnered with Affirm to offer BNPL to their North American customers.
As Jason Mikula predicted on June 1, FIS has acquired embedded finance startup Bond in a deal where terms were not touted in a splashy press release.