Mobile-first bank Simple is shutting down

  • January 7, 2021
One of the first-ever mobile-first banks is shutting down. After an email notice started to circulate on Twitter earlier in the day, a spokesperson for BBVA confirmed to Engadget the company plans to shutter Simple. The move is part of an ongoing eff…

Venmo’s mobile app can now cash your checks

  • January 4, 2021
Venmo’s bid to become your banking hub now covers your checks. The PayPal-owned brand is launching a Cash a Check feature in its Android and iOS apps that lets you deposit money without using your bank’s app or visiting a physical location (a risky p…

Capital One fined $80 million over 2019 data breach

  • August 9, 2020
Capital One is facing a penalty for its giant 2019 data breach, although it might not be as serious as you’d expect. The Wall Street Journal (via The Verge) reports that the Office of the Comptroller of the Currency has fined Capital One $80 million…