JPMorgan Chase is refusing to pay a monthly pension to a widow whose husband worked at the bank for 10 years before his untimely death. Elaine Silverberg’s departed spouse Melvyn worked as a systems analyst at Chase Manhattan Bank from 1969 to 1979, reports the New York Post. Melvyn died in 1988 due to multiple […]
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American investment bank Citi and asset manager Fidelity have teamed up to develop a blockchain-based investment fund that can power real-time settlements. In a statement, Citi and Fidelity International introduce the proof-of-concept of an on-chain money market fund (MMF) with digital foreign exchange (FX) swap that can execute programmable multi-asset transactions on-chain, which is not […]
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JPMorgan Chase says the incoming Trump administration could boost both Bitcoin (BTC) and gold. In a note to clients, the US bank says that if Republicans gain control of the House in addition to the Senate, a weaker dollar is likely as stimulus is poured into the system, reports Barron’s. This, combined with potential further […]
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Banking giants and government regulators are reportedly raising the alarm over a new kind of fraud designed to slip through traditional security measures. Santander, HSBC, TSB Bank, the U.S. Federal Trade Commission (FTC) and the UK National Cyber Security Centre are issuing warnings about “quishing,” reports the Financial Times. Quishing, or QR code phishing, is […]
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At least $24 billion in World Bank funds for climate initiatives are unaccounted for, according to a new report. Somewhere between $24 billion and $41 billion in climate financing – potentially 40% of all the funds sent to the World Bank for climate change initiatives – has gone missing due to poor record-keeping practices, reports […]
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Billionaire Warren Buffett is buying a “high flying” asset after significantly reducing his exposure to the US banking industry, according to a new report. The renowned investor has sold $10.5 billion of Berkshire Hathaway’s stake in Bank of America since the summer, after selling all of the firm’s JPMorgan Chase and Wells Fargo positions in […]
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SafePal’s new Mini Wallet App will enable 950 million Telegram users to create individually owned and compliant crypto-friendly Swiss bank accounts, the firm said.
Self-custodial cryptocurrency wallet SafePal is joining Telegram’s rapidly growing crypto ecosystem by launching a Mini App wallet on Messenger.
SafePal officially introduced its Telegram Mini Wallet App on Nov. 2 after announcing pre-launch during a keynote at the TON Gateway event dedicated to The Open Network (TON) ecosystem.
According to an announcement shared by SafePal, its new Mini Wallet App will enable 950 million Telegram users to create individually owned and compliant crypto-friendly Swiss bank accounts.
A Wells Fargo customer says she’s done with the bank after an impostor posing as the lender drained $18,883 from her account. Colorado resident Melanie Sponselee says she received an alert on her phone that appeared to be from Wells Fargo asking if she had made a large transaction, reports the NBC-affiliated news station 9News. […]
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JPMorgan Chase is handing $100 million to customers after settling a wave of allegations from the U.S. Securities and Exchange Commission. The bank is settling five separate cases with the agency and will pay an additional $51 million to regulators, for a total of $151 million. The alleged violations include misleading disclosures, breaches of fiduciary […]
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Top US crypto exchange Coinbase is announcing a partnership with credit card giant Visa for real-time account-to-account transactions. In a new press release, the payments titan says the collaboration will allow customers in the US and EU to use eligible Visa debit cards to instantly deposit funds into their Coinbase accounts, bridging the gap between […]
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