FinTechUpdate

Anne Boden, Founder of Starling Bank, Is Stepping Aside As CEO
Anne Boden has served as CEO of Starling Bank since founding it in 2014, but has now announced she is stepping down....
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Venmo Launches Venmo Teen Accounts
Venmo is launching a new type of account aimed at teenagers and provides added protections and safeguards....
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IRS Is Creating a Free Tax Filing Service Over the Industry’s Objections
The Internal Revenue Service is moving forward with plans to unveil a free tax filing service, despite objections from the tax industry....
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Revolut CFO Quits After Auditor’s Revenue Warnings
Revolut CFO Mikko Salovaara has quit, citing "personal reasons," just weeks after an independent auditor raised concerns about the company's revenue....
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Judge Dismisses Shareholder Lawsuit Over Block’s Tidal Deal
A judge has dismissed a shareholder lawsuit against Block over its "terrible business decision" to purchase a majority stake in the Tidal music service....
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TurboTax Sending Out Checks As Part of $141 Million Multi-State Settlement
TurboTax is sending out payout checks as part of a $141 million settlement with all 50 states and the District of Columbia....
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DAME Tax: White House Calls for 30% Tax On Crypto Mining
The White House has proposed a controversial tax on crypto mining to help offset its economic and environmental impact....
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Customers Deposit Almost $1 Billion in Apple Savings in Four Days
It appears Apple has another hit on its hands, although it's not a tech product in the strictest sense....
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First Republic Bank Falls; JPMorgan Takes Over Debts and Assets
First Republic Bank has fallen despite an organized campaign by other banks to prop it up and avoid the same face as...
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Commercial Real Estate and its Altered Path
Countless industries and areas of life saw change varying from small tweaks to entire destruction following the pandemic. One very broad industry that saw...
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Charges Against Dan Price Dismissed
Assault charges against Gravity Payments founder and former CEO Dan Price have been dismissed. Price w...
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Police Arrest Suspect in Bob Lee Killing
Police have arrested a suspect in the murder of Bob Lee, another tech...
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Net-Zero Goal Of Financial Coalition Hindered By Defections
The parade of financial heavyweights leaving the Glasgow Financial Alliance for Net-Zero (GFANZ) grew thi...
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Lawmakers Investigate SVB’s ‘Backscratching Arrangements’ With Tech Execs
Lawmakers want answers regarding "backscratching arrangements" between Silicon Valley Bank and tech execs....
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SFPD Chief: ‘I Have 100% Confidence’ We’ll Solve Bob Lee’s Murder
SFPD Chief Bill Scott has expressed "100% confidence" in his homicide department as it investigates MobileCoin exec...
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