JPMorgan adds buy-now, pay-later provider Klarna to its payments platform
JPMorgan Chase & Co.’s payments processing unit is partnering with fintech Klarna to expand buy now, pay later options for...
DOGE-backed halt at CFPB comes amid Musk’s plans for ‘X’ digital wallet
In another weekend takeover of a federal agency’s operations, staffers from an efficiency initiative led by billionaire Elon Musk helped...
Trump fires Biden’s Consumer Protection watchdog Rohit Chopra
Rohit Chopra, the director of the Consumer Financial Protection Bureau under President Joe Biden, was fired by the Trump administration,...
Trump Media launches fintech brand Truth.Fi for crypto, ETFs
Trump Media and Technology Group Corp. launched a financial-services and fintech brand dubbed Truth.Fi, with a focus on crypto and...
TD money laundering head Mazariegos exits, Sanjuas promoted
Toronto-Dominion Bank is promoting one of its top US anti-money-laundering executives, Jacqueline Sanjuas, to a role that will see her...
FDIC sues ex-SVB executives for billions over bank’s collapse
The Federal Deposit Insurance Corp. sued more than a dozen former Silicon Valley Bank executives for “egregious mismanagement” and negligence...
Amex to pay $230M over misleading sales practices
American Express Co. will pay about $230 million to resolve a long-running investigation into some of the firm’s prior sales...
Plaid’s revenue, usage rates jump as CEO sees ‘fintech spring’
Revenue at Plaid Inc., which provides the pipes fintechs and banks use to talk to each other, jumped more than...
Wall Street job losses may top 200,000 as AI replaces roles
Global banks will cut as many as 200,000 jobs in the next three to five years as artificial intelligence encroaches...
Barr’s exit as Fed’s top bank cop puts capital rules in doubt
Federal Reserve Vice Chair for Supervision Michael Barr plans to step down from the role, bypassing a potential battle with...
