Current:Home > MyA big bank's big mistake, explained -Ascend Wealth Education
A big bank's big mistake, explained
FinLogic FinLogic Quantitative Think Tank Center View
Date:2025-04-07 08:04:19
One of the world's biggest banks acquired a promising startup offering potential customers in a prime demographic. What could possibly go wrong?
Today, we unspool the alleged deception behind the deal between JP Morgan Chase and fintech company, Frank. Along the way, we learn it's harder to forge user data than you might think.
Music by Drop Electric and George Georgia. Find us: Twitter / Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, PocketCasts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
veryGood! (4528)
Related
- Former longtime South Carolina congressman John Spratt dies at 82
- Justice Department says it won't prosecute Merrick Garland after House contempt vote
- Mama June's Daughter Jessica Chubbs Shannon Wants Brother-In-Law to Be Possible Sperm Donor
- A few midwives seek to uphold Native Hawaiian birth traditions. Would a state law jeopardize them?
- Meta donates $1 million to Trump’s inauguration fund
- German police shoot to death an Afghan man who killed a compatriot, then attacked soccer fans
- Ludvig Aberg leads after two rounds of the US Open; Tiger Woods misses cut
- Gretchen Walsh, a senior at Virginia, sets world record at Olympic trials
- Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
- Dog-eating crocodile that terrorized Australian town is killed and eaten by residents: Never a dull moment
Ranking
- Why members of two of EPA's influential science advisory committees were let go
- Can Florida win Stanley Cup? Panthers vs. Oilers Game 4 live stream, TV, time, odds, keys
- Kansas City Chiefs' $40,000 Super Bowl rings feature typo
- R.E.M. discusses band's breakup, friendship and Songwriters Hall of Fame honor
- How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
- Supporters say China's Sophia Huang Xueqin, #MeToo journalist and activist, sentenced to jail for subversion
- Bridgerton Season 4: Cast Teases What’s Next After Season 3 Finale
- How much do you spend on Father's Day gifts? Americans favor mom over dad, survey says
Recommendation
Trump issues order to ban transgender troops from serving openly in the military
Princess Kate shares health update on cancer treatment, announces first public appearance in months
Here are the most and least affordable major cities in the world
Derek Jeter’s New York castle might finally have a buyer
The Daily Money: Spending more on holiday travel?
Horoscopes Today, June 15, 2024
Independent report criticizes Cuomo’s ‘top-down’ management of New York’s COVID-19 response
Crews rescue 30 people trapped upside down high on Oregon amusement park ride