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Managers at Germany s Digital Bank N26 are Reportedly Under Investigation over Fraudulent Accounts

Managers at Germany s Digital Bank N26 are Reportedly Under Investigation over Fraudulent Accounts
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Why fintechs are blocking transactions from other fintechs

Some established financial technology companies like Robinhood are said to be refusing to accept funds from accounts at young digital-only banks that they say are growing too fast to deter fraud. The companies being blocked respond that it’s an unfair, scattershot approach.

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