Backup plans were moot -- is a digital-only approach to banking dangerous?
The result of overreliance and a lack of diversity in AI models
A hot potato: The loss of jobs, the death of human creativity, plagiarism, wiping out the human race – is there anything else we need to worry about when it comes to advanced AI? Yes, according to the head of the SEC: a financial crisis that is "nearly unavoidable."
People were lining up to withdraw more cash than they had on account
The SEC uncovered pervasive and longstanding "off-channel" communications at all 11 firms
Regulators have "pointed their guns at crypto"
Another step closer to a cashless society
A hot potato: In another example of society's increasing abandonment of cash, some branches of a massive bank have stopped dealing with physical money over the counter. It comes after years of falling ATM use, a trend that drastically accelerated during Covid.
Update: The US government moves to guarantee all SVB's deposits
Musk takes the first step in turning Twitter into WeChat
What's in your wallet?
Plaid settlement will see $58 million paid to users of American Express, Venmo, Robinhood, and other apps
But don't expect a lot of money
Forgot your card? No problem
Still no word on when it will put the gears in motion for its personal checking accounts
Venmo has a new competitor in the US
Google wants to be a financial player
Paving the way for the "golden age of banking efficiency"
A former Amazon employee has been arrested
T-Mobile customers can enjoy zero fees and a 4 percent APY
Millions of documents may have been exposed
Facebook could let you check your account balance via Messenger
Interest rates? Ignore those. Look at this shiny new app.
Venmo is launching a physical, Mastercard-branded debit card with 'contactless' payment functionality
It's not clear when the card will ship out to users, though
Amazon looks for additional ways to keep users on their platform
Disruptive technologies may result in severe staff cuts for financial groups
More companies are adopting 'Blockchain as a Service' for their financial transactions