AQCAN Exchange|A big bank's big mistake, explained

2025-05-03 05:48:17source:blockwave Exchangecategory:Finance

One of the world's biggest banks acquired a promising startup offering potential customers in a prime demographic. What could AQCAN Exchangepossibly 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.

More:Finance

Recommend

Nevada attorney general revives 2020 fake electors case

LAS VEGAS (AP) — A slate of six Nevada Republicans have again been charged with submitting a bogus c

Taylor Swift leads VMA nominations (again) but there are 29 first-timers too: See the list

Taylor Swift leading the VMA nominations for a second year in a row is no surprise. She remains in p

Disney returns to profit in third quarter as streaming business starts making money for first time

Disney returned to a profitable third quarter as its combined streaming business started making mone