bank

1 min read

Crypto-Friendly Revolut Finally Earns UK Banking License

9 months ago bitnews

Revolut has entered a "mobilization stage", designed for new banks to operate with restrictions.Source: CoinDesk

1 min read

Crypto bank Sygnum reports profitable H1 2024 as crypto trading volume doubles

9 months ago bitnews

Swiss crypto bank Sygnum has recorded profits in the first half of 2024 after witnessing a surge in crypto trading...

1 min read

Crypto bank Sygnum reports profitable H1 2024 as crypto trading volume doubles

9 months ago bitnews

Swiss crypto bank Sygnum has recorded profits in the first half of 2024 after witnessing a surge in crypto trading...

1 min read

HSBC Australia Suspends Payments to Crypto Platforms Over Fraud Risks

9 months ago bitnews

HSBC Australia recently told customers it will stop processing payments to crypto exchanges starting July 24, over customer protection concerns....

1 min read

Dakota Emerges From Stealth to Provide Bank-Like Services to Crypto Depositors

9 months ago bitnews

The crypto-native company, which says it is attempting to right the wrongs of centralized lenders like Celsius, emerged from stealth...

1 min read

JPMorgan Chase and Wells Fargo Offering $300 Cash As Banks’ Battle for New Deposits Intensifies for First Time in Years: Report

9 months ago bitnews

Big banks in the US are boosting the amount of cash they’re handing to new customers as the fight for...

1 min read

Major US Bank To Pay $135,600,000 Fine Over Perpetual Problems With Risk Management, Compliance, Data and Internal Controls

9 months ago bitnews

US banking giant Citigroup will shell out $135.6 million to regulators for failing to fix longstanding issues with the bank’s...

1 min read

JPMorgan Chase, Wells Fargo and Bank of America Playing ‘Heads I Win, Tails You Lose’ With Customers As Hundreds of Millions of Dollars Disappears on Zelle: US Senator Richard Blumenthal

9 months ago bitnews

A group of banking giants led by JPMorgan Chase, Wells Fargo and Bank of America are playing a dangerous game...

1 min read

Bank of America, Citigroup and Goldman Sachs Report $4,139,000,000 in Losses As US Lenders Witness Major Spike in Unrecoverable Debt

9 months ago bitnews

Bank of America, Citigroup and Goldman Sachs are reporting $4.139 billion in losses as lenders write off mounting debts that...

1 min read

Wells Fargo Executive Allegedly Drains $47,646 From Customers’ Accounts, Hiding Illicit Transactions in Year-Long Campaign To Steal Cash: US Bank Regulator

9 months ago bitnews

A Wells Fargo executive has been ordered to leave the banking industry after draining tens of thousands of dollars from...