Kenya will start regulating lending apps
App makers have six months to get licenses.
Banking
Robinhood CEO's plan for the future sounds a lot like a bank
He said he wants the trading platform to become 'the single money app' people need.
Apple clarifies how Apple Card Family sharing will work
A new support document lays down the ground rules for co-ownership and participants.We have two newsletters, why not sign up for both?
The UK is considering starting a digital currency
The Bank of England says the virtual money would co-exist with physical cash.
Mobile-first bank Simple is shutting down
If you're a customer, you'll be migrated to the BBVA USA app.
Venmo's mobile app can now cash your checks
You don't have to use your bank's app to make a deposit.
Google teams up with Citibank on mobile-first accounts
Expect other financial institutions to unveil their Plex offerings too.
Capital One fined $80 million over 2019 data breach
This is despite the breach hurting 100 million people in the US.
Six banks are using Google Pay for digital bank accounts in the US
Google Pay will be the main way customers interact with these banks.
Samsung Money is a debit card tied to Samsung Pay
It's challenging Apple and Google in the virtual banking world.
Ukraine catches hacker who tried to sell 773 million stolen email addresses
Law enforcement confiscated equipment with two terabytes of stolen info.
Samsung will introduce an 'innovative' debit card this summer
It wants to go where Apple, Google and others are going.
Google is reportedly working on a smart debit card
It would be Android's closest parallel to the Apple Card.
Apple Card holders can defer April payments, too
You'll still have to opt in to avoid paying this month.
Opera accused of offering predatory loans through Android apps (updated)
This appears to directly violate Google's policies.
Tech companies won’t become banks, but they’ll pretend to
Apple, Google and the rest don't want to make money on banking.
Google wants to be your new bank
It's planning to offer checking accounts in 2020.
Facebook releases Zuckerberg’s upcoming testimony in defense of Libra
He'll present his arguments to Congress tomorrow.
Venezuela reportedly wants its central bank to hold bitcoin
Its state oil company would use this to dodge international scrutiny.
Alleged JPMorgan hacker set to plead guilty
Andrei Tyurin has reportedly been negotiating a plea deal with US authorities.
