Bolt Employees Lose Paychecks Amid Payroll Glitch Claims
Sources telling me @bolt employees have had their most recent paychecks clawed back from their bank accounts. Bolt is blaming 'tech glitch' at payroll processor, but speculation is Bolt can't even make payroll, per sources familiar w/situation.
Anthropic Sends Easter Eve Email at Midnight
Midnight US ET, the day before Easter, is a weird time for Anthropic to drop a marketing email… https://t.co/OC3py1jgdp
Seeking Permanent Solution to Remove Google Ads
Is there any way to permanently disable the ads Google is slopping all over consumer G-suite? https://t.co/5Zh1nDvnc1
Fintech Biz Weekly's Easter/Passover Special Drops Sunday
Stay tuned for a special Easter (slash Passover) edition of Fintech Biz Weekly on Sunday.... lotta fun easter eggs 😉
Banks Poised to Battle SoFi's New Stablecoin
Noteworthy in that this is coming from SoFi CEO - which offers crypto and has announced its own stablecoin, SoFiUSD. Banks (insured depositories), understandably, are gonna fight tooth & nail on this-
FDIC Board Meeting Likely Unproductive on GENIUS
FDIC board meeting on Mon. Agenda includes NPRM on GENIUS implementation. Given the board is literally only FDIC Chair Hill, Comptroller Gould, & CPFB acting Director Vought, probably not worth the time to tune in. https://t.co/XvDu8U3oh3
Fintechs Chartering Banks Face Traditional Price‑book Valuations
Gonna be interesting to see what happens to all these fintechs that are chartering banks, which are commonly valued on a price/book basis (rather than imaginary startup metrics, like rev multiples or MAUs)
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Seeking Data Breach Class Action Experts for Story
Any experts on data breach class actions on here? Looking to speak with someone for a story I’m working on.
Stripe Drops TomoCredit; Adyen and Chargebee Remain
Per @JeffKauflin of Forbes, @stripe has ceased processing payments for TomoCredit -- but @Adyen still is A review of Tomo's site reveals it also works with subscription billing management platform @chargebee https://t.co/0zGTS6SQGG
Monzo Exits US Market, Informs Customers via Email
Monzo is calling it quits in the US, per emails the company has sent to customers: https://t.co/O6zV63RcXB
Victims Receive $27.92 Settlement After 2024 Evolve Hack
Remember back in 2024 when a Russian cybercrime group hacked Evolve and exfiltrated terabytes of data, including user data like SSN and account numbers? Victims are finally getting their settlement payments: $27.92 https://t.co/9rKUgGOh5I
If You Need Paid Ads to Explain, You're Wrong
If you have to do a paid ad campaign to clarify this, you’re doing something wrong—
Wells Fargo Forces Bilt Users to Opt Out
Kind of crazy, given Wells Fargo’s history, that Bilt users had to opt OUT of receiving a WF card during the “Bilt 2.0” transition https://t.co/j8RxDGWQh5
Bridge Denies Shipping Trucks to Venezuela‑Linked ISP
Did @stripe-owned @Stablecoin platform Bridge ship 12 Mitsubishi trucks to an ISP, Thundernet C.A., with links to the Venezuelan government? Shipping records say it did, the company denies it, and the reality is too complicated for a tweet. Full story in Fintech...