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KeyBank to Pay $7.77 Million to Settle PPP Fraud Allegations
KeyBank will reportedly pay $7.77 million to settle allegations that it sought forgiveness for fraudulent loans from the pandemic-era Paycheck Protection Program (PPP). The settlement invol...
World Liberty Financial Subsidiary Applies for Bank Charter for Stablecoin Operations
A subsidiary of World Liberty Financial, the decentralized finance company co-founded by members of the Trump family, has submitted an application to the Office of the Comptroller of the Currency (OCC...
The Crypto CFO Playbook for Navigating Blockchain’s 3 Layers
Most organizations have a blockchain blind spot. And it’s in the word itself. For years, “blockchain,” and “crypto,” have been treated as a singular proposition. Companies were as...
SEC Approves First Spot Chainlink ETF For U.S. Markets
The U.S. Securities and Exchange Commission has approved Bitwise’s spot Chainlink ETF, marking the first time Chainlink enters the U.S. equity markets through a fully regulated exchange-listed produ...
JPMorgan To Acquire Apple’s Credit Card Program 
JPMorgan has struck a deal to replace Goldman Sachs as the provider of Apple’s credit card program, The Wall Street Journal reported. The largest U.S. bank will take over about $20 billion in custom...
Zilch Plans to Acquire Fjord Bank to Accelerate European Expansion
Consumer payments platform Zilch plans to acquire Fjord Bank to gain a European banking license that will enable Zilch to accelerate its expansion across Europe. The transaction is expected...
Modulr Teams With FIS to Boost Real-Time Payments in US
Payment technology firm Modulr is launching in the United States in partnership with FIS. This collaboration marks Modulr’s first step in bringing its real-time, API-first payment capabil...
Stablecoin Startup Kontigo Commits to Full Reimbursement of User Funds Following Major Security Breach
Kontigo, a stablecoin banking platform primarily serving users in Latin America, has committed to fully compensating customers impacted by a recent cyberattack. The incident, which compromised approxi...
Intel Shares Jump After Exec Reveals New Gaming Chip, Software
Intel shares jumped around 10% today after one of its executives revealed yesterday at the Consumer Electronics Show that the chipmaker is developing a bespoke gaming chip and software for mobile gam...
Edge AI Is Gaining on the Cloud
The announcements at the Consumer Electronics Show (CES) in Las Vegas this week showed artificial intelligence inference beginning to move off centralized cloud infrastructure and onto devices themsel...
Newswire > Tag: finance
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