Tens of thousands of Americans saved money in fintechs that said their money was FDIC insured. When things went wrong, that wasn't exactly true.

The Federal Deposit Insurance Corporation is a government agency that protects consumers' money and regulates financial institutions. The FDIC insures up to $250,000 per depositor, per insured ...

Regulations are guardrails that protect customers. Be wary of deals with uncommonly high “sweetener” rates. They may have ...

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But he raised questions about counterparties’ ability to withdraw at par in the case of a bank failure through smart ... FDIC efforts to consider technical solutions that could prevent ...