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⚡️New: A growing number of Revolut customers are complaining they've been targeted by scammers. The bank says it's trying to strengthen its fight against fraud bloomberg.com/news/features/…

Robinhood and Revolut are considering launching stablecoins, while exchanges are caught in a regulatory catch-22 over whether to keep listing Tether’s USDT in Europe. read about the latest in stablecoins, from Olga Kharif, me and Paige Smith bloomberg.com/news/articles/…

a funny thing about going to an interview a startup founder is you never know if you're walking into an army of handlers in a conference room with a full catering spread... or 1 person who looks up from their laptop like they forgot you were coming, like oh right, you

⚡️New: A bevy of retail trading platforms have warned users that they could face disruptions on Tuesday as the US election roils markets. Story with Paige Smith and Katherine Doherty bloomberg.com/news/articles/…

*FED, OCC SHOULD REJECT CAPITAL ONE, DISCOVER DEAL: DEMOCRATS Now on the Terminal

ICYMI. Story on Bloomberg Terminal: Credit-card issuers may be breaking the law if they diminish the value of the points or airline miles consumers have already earned or bought through rewards or loyalty programs, the @CFPB warned other watchdogs today. w/ Paige Smith

Scoop! Chime has now submitted its IPO filing with the SEC, taking another big step on its go public journey. bloomberg.com/news/articles/… Paige Smith

Revenue growth topped 25% last year at Plaid, the fintech best known for providing the pipes fintechs, banks and other financial institutions use to talk to one another. That figure (among others) now on the Terminal: bloomberg.com/news/articles/…

NEW: White House plans to nominate a16z’s Brian Quintenz as permanent CFTC chair. Also planned: Jonathan Gould as permanent OCC & Jonathan McKernan for CFPB director. More on Bloomberg Terminal, With Paige Smith & Nicola M. White

Now on the Terminal: Fintech Dave Inc. plans to use Coastal Financial Corp. as its primary banking partner and eventually drop Evolve Bancorp Inc., which has grappled with an enforcement action and other challenges.

SmartBiz is the first (!!) fintech to receive regulatory approval to be a bank during Round Two of Trump's time in office. It's big news for fintech firms (and other nonbanks) seeking to cement their footholds in the financial-services industry. bloomberg.com/news/articles/…

A big reversal on $COF $DFS spread today, which has erased all the tightening since trump's election win More details here with Josh Sisco Paige Smith bloomberg.com/news/articles/…

JPMorgan is broadening its relationships with buy-now, pay-later providers, announcing an agreement with Affirm to make the firm’s pay-over-time products available to the bank’s network of merchants, reports Paige Smith bloomberg.com/news/articles/…

When a software company called Synapse failed, some app users lost access to money in FDIC-insured bank accounts. How is that even possible? My latest for Bloomberg Markets Magazine, with Paige Smith and Emily Mason bloomberg.com/news/features/…

One nugget folks may have missed: The former CFPB director wanted apps to more clearly warn consumers about the risks of nonbanks. "According to people familiar with the situation, the CFPB under Chopra had been considering enforcement options related to the account freeze."