Current:Home > NewsRekubit Exchange:A big bank's big mistake, explained -Profound Wealth Insights
Rekubit Exchange:A big bank's big mistake, explained
Benjamin Ashford View
Date:2025-04-08 22:31:05
One of the world's biggest banks acquired a promising startup offering potential customers in a prime demographic. What could Rekubit 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.
veryGood! (792)
Related
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- New York City Begins Its Climate Change Reckoning on the Lower East Side, the Hard Way
- In the Amazon, Indigenous and Locally Controlled Land Stores Carbon, but the Rest of the Rainforest Emits Greenhouse Gases
- Save 30% on the TikTok-Loved Grande Cosmetics Lash Serum With 29,900+ 5-Star Reviews on Prime Day 2023
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- The Capitol Christmas Tree Provides a Timely Reminder on Environmental Stewardship This Holiday Season
- One of the World’s Coldest Places Is Now the Warmest it’s Been in 1,000 Years, Scientists Say
- Louisiana Regulators Are Not Keeping Up With LNG Boom, Environmentalists Say
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Patrick Mahomes Is Throwing a Hail Mary to Fellow Parents of Toddlers
Ranking
- Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
- Sister Wives Janelle Brown Says F--k You to Kody Brown in Season 18 Trailer
- ESPYS 2023 Red Carpet Fashion: See Every Look as the Stars Arrive
- Lawmakers Urge Biden Administration to Permanently Ban Rail Shipments of Liquefied Natural Gas
- How to watch new prequel series 'Dexter: Original Sin': Premiere date, cast, streaming
- Lisa Vanderpump Has the Best Idea of Where to Put Her Potential Vanderpump Rules Emmy Award
- Illinois Put a Stop to Local Governments’ Ability to Kill Solar and Wind Projects. Will Other Midwestern States Follow?
- Patrick and Brittany Mahomes Are a Winning Team on ESPYS 2023 Red Carpet
Recommendation
The FBI should have done more to collect intelligence before the Capitol riot, watchdog finds
Shawn Johnson Is Pregnant, Expecting Baby No. 3 With Husband Andrew East
Vanderpump Rules' Ariana Madix and Tom Sandoval Spotted Filming Season 11 Together After Scandal
EPA Announces $27 Billion Effort to Curb Emissions and Stem Environmental Injustices. Advocates Say It’s a Good Start
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Fracking Wastewater Causes Lasting Harm to Key Freshwater Species
Las Vegas Is Counting on Public Lands to Power its Growth. Is it a Good Idea?
Relentless Rise of Ocean Heat Content Drives Deadly Extremes