This wunderkind’s first startup went bankrupt, leaving $200 million in customer assets frozen. Yet VCs are still throwing money at him
For the past six months, Allie Garfinkle and I have been reporting a story about a startup collapse that eerily echoes FTX, ...
Newsweek27d
Best Online Banks That Take Cash Deposits of March 2025
A new player in fintech online banking, Atmos has a clear mission—to use customer’s deposits to fund clean energy. Unlike a typical bank, Atmos’ main loan product is for solar installations ...
The Star6d
Banks no longer rely on customer deposits for lending activities
KUALA LUMPUR: Banks no longer rely on customer deposits for lending activities, as they have broadened their sources of funding to other areas such as bonds. According to a top banker, this is a ...
The Star3d
Co-op, Absa post high profits on increased customer deposits
High deposits saw Saccos issuing high dividends and interest rebates of up to 16 and 11 per cent respectively, up from a five ...
Crain's Cleveland Business4d
Huntington among banks using AI to help lure customer deposits
Huntington Bancshares Inc., Fifth Third Bancorp and Valley National Bancorp are among regional US lenders that use artificial ...
NerdWallet21d
‘One’ Accounts Review 2025: Debit and Savings
It relies on a chartered partner bank to provide access to FDIC insurance for customer deposits, and was created with backing provided in part by retail giant Walmart. One offers a combination ...
Dallas Morning News20d
Citigroup customer’s $280 deposit mistakenly credited to their account as $81 trillion
NEW YORK (Reuters) - Citigroup erroneously credited $81 trillion, instead of $280, to a customer’s account and took hours to reverse the transaction, a “near miss” that shows up the bank’s ...