Discover is now part of Capital One
(discover.com)
We’re pleased to announce that on May 18, 2025, Discover Bank merged into Capital One, N.A. (“Capital One”).
We’re pleased to announce that on May 18, 2025, Discover Bank merged into Capital One, N.A. (“Capital One”).
Show HN: Hyprsqrl – open-source revolut you can self-host (live iban/sepa/ACH)
(github.com/different-ai)
Get Paid. Pay Bills. Make Money Work.
Get Paid. Pay Bills. Make Money Work.
Why are banks still getting authentication so wrong?
(haba.sh)
While recently traveling to the U.S., I was completely locked out of my TD Personal Banking account.
While recently traveling to the U.S., I was completely locked out of my TD Personal Banking account.
Banking passwords stolen from Australians are being traded online by criminals
(abc.net.au)
More than 31,000 passwords belonging to Australian customers of the Big Four banks are being shared amongst cyber criminals online, often for free, the ABC can reveal.
More than 31,000 passwords belonging to Australian customers of the Big Four banks are being shared amongst cyber criminals online, often for free, the ABC can reveal.
Fed announces withdrawal of guidance for banks on their crypto-asset activities
(federalreserve.gov)
The Federal Reserve Board on Thursday announced the withdrawal of guidance for banks related to their crypto-asset and dollar token activities and related changes to its expectations for these activities.
The Federal Reserve Board on Thursday announced the withdrawal of guidance for banks related to their crypto-asset and dollar token activities and related changes to its expectations for these activities.
Crypto Might Get Some Banks
(bloomberg.com)
A theme that I have written about a lot around here is that US banking seems to be getting narrower.
A theme that I have written about a lot around here is that US banking seems to be getting narrower.
Show HN: We open sourced a $50M neobank
(hackclub.com)
Hack Club launched HCB in 2018 to enable hackathons to raise and spend money through fiscal sponsorship.
Hack Club launched HCB in 2018 to enable hackathons to raise and spend money through fiscal sponsorship.
Technical Analysis – Improper Use of Private iOS APIs in Vietnamese Banking Apps
(verichains.io)
Yesterday, reports emerged in the Vietnamese infosec community that two popular banking apps – BIDV SmartBanking and Agribank – were using hidden / private iOS API to detect other apps installed on users’ iPhones.
Yesterday, reports emerged in the Vietnamese infosec community that two popular banking apps – BIDV SmartBanking and Agribank – were using hidden / private iOS API to detect other apps installed on users’ iPhones.
HSBC fired investment bankers on bonus day and gave them no bonuses
(ft.com)
HSBC fired investment bankers on bonus day and gave them no bonuses
HSBC fired investment bankers on bonus day and gave them no bonuses
Two Americas, one bank branch, and $50k cash
(bitsaboutmoney.com)
In the sciences they call it the file drawer problem: studies that fail to achieve significance or reach the "wrong" conclusion end up hidden away, creating a distorted picture of reality.
In the sciences they call it the file drawer problem: studies that fail to achieve significance or reach the "wrong" conclusion end up hidden away, creating a distorted picture of reality.
Banking's critical functions are vanishing into the cloud
(ft.com)
It’s 9pm — do you know where your data is?
It’s 9pm — do you know where your data is?
Citi group accidentally sends someone $81T
(bloomberg.com)
I think the best job in tech, or at least my dream job, is designing the user interface for the payments department of Citigroup Inc.
I think the best job in tech, or at least my dream job, is designing the user interface for the payments department of Citigroup Inc.
Citigroup credited client's account with $81T
(theguardian.com)
The US bank Citigroup credited a client’s account with $81tn when it meant to send $280 – before the “fat finger” error was caught.
The US bank Citigroup credited a client’s account with $81tn when it meant to send $280 – before the “fat finger” error was caught.
Citigroup Makes (and Then Fixes) an $81T Mistake
(nytimes.com)
Citigroup accidentally credited a client’s account with $81 trillion when it meant to send only $280, the latest mistake at a bank that is struggling to repair its reputation after a string of errors in recent years.
Citigroup accidentally credited a client’s account with $81 trillion when it meant to send only $280, the latest mistake at a bank that is struggling to repair its reputation after a string of errors in recent years.
Consumer Bureau Drops Lawsuit Against Capital One
(nytimes.com)
The Consumer Financial Protection Bureau dropped a lawsuit against Capital One that claimed the bank cheated customers out of interest payments.
The Consumer Financial Protection Bureau dropped a lawsuit against Capital One that claimed the bank cheated customers out of interest payments.
Thousands report Lloyds, Halifax and TSB banking apps not working
(bbc.co.uk)
Thousands of banking app users in the UK have reported issues affecting their ability to use them.
Thousands of banking app users in the UK have reported issues affecting their ability to use them.
Bank CEO: Retract your debanking piece? Me: No
(kalzumeus.com)
Nathan McCauley, the CEO of Anchorage Labs, Inc. d/b/a Anchorage Digital, and a board member (and, on faith and belief, CEO) of a federally chartered bank, has requested a retraction of the piece Debanking (and Debunking?). He alleges inaccuracies, misleading statements, omission of key facts, and other improprieties.
Nathan McCauley, the CEO of Anchorage Labs, Inc. d/b/a Anchorage Digital, and a board member (and, on faith and belief, CEO) of a federally chartered bank, has requested a retraction of the piece Debanking (and Debunking?). He alleges inaccuracies, misleading statements, omission of key facts, and other improprieties.
Why Banks May Be Hoping You're Not Paying Attention
(nytimes.com)
They have no fiduciary duty in many cases and can profit from customers’ confusion. But where’s the line between unsavory and illegal?
They have no fiduciary duty in many cases and can profit from customers’ confusion. But where’s the line between unsavory and illegal?
It's Time to End the Bureaucrat's Secret Weapon: Debanking
(coindesk.com)
"Debanking" has become a buzzword in Washington lately. The term refers to a controversial practice where crypto companies and other businesses have been cut off from banking services, allegedly due to pressure from federal regulators.
"Debanking" has become a buzzword in Washington lately. The term refers to a controversial practice where crypto companies and other businesses have been cut off from banking services, allegedly due to pressure from federal regulators.
Barclays tells customers to contact food banks as IT disruption enters third day
(news.sky.com)
Barclays has advised customers to contact food banks after a major IT glitch left some locked out of their accounts - with the disruption likely to continue today.
Barclays has advised customers to contact food banks after a major IT glitch left some locked out of their accounts - with the disruption likely to continue today.
UK's Barclays Bank's online services hit by major technical outage
(bbc.com)
Barclays customers are entering a third day of issues with payments and transactions as the bank struggles to fix ongoing technical issues.
Barclays customers are entering a third day of issues with payments and transactions as the bank struggles to fix ongoing technical issues.
Barclays bank hit by major IT outage on tax deadline day
(bbc.co.uk)
Barclays bank is experiencing serious IT problems which are affecting its app and online banking, as well as payments in and out of accounts.
Barclays bank is experiencing serious IT problems which are affecting its app and online banking, as well as payments in and out of accounts.
Barclays Bank goes down on payday
(the-independent.com)
Barclays’ app and online banking appear to be down.
Barclays’ app and online banking appear to be down.
More than 130 Lloyds, Halifax and Bank of Scotland branches to close
(news.sky.com)
Lloyds Banking Group is to close a further 136 branches.
Lloyds Banking Group is to close a further 136 branches.
No one is disrupting banks – at least not the big ones
(popularfintech.com)
The largest U.S. banks just reported their fourth quarter and full-year 2024 results. And you know what? Banks are doing really well. This made me realize that, unfortunately, despite almost 30 years of trying, Fintech companies have not disrupted banks. At least, not the big ones.
The largest U.S. banks just reported their fourth quarter and full-year 2024 results. And you know what? Banks are doing really well. This made me realize that, unfortunately, despite almost 30 years of trying, Fintech companies have not disrupted banks. At least, not the big ones.
Ask HN: Why are banks charging so many fees for accounts and cards?
(ycombinator.com)
I'm trying to understand why banks still charge account fees and card fees, especially when they don't seem to make significant profits from them.
I'm trying to understand why banks still charge account fees and card fees, especially when they don't seem to make significant profits from them.