Regulators are investigating Apple Card’s algorithm, which is used to determine applicants’ creditworthiness. Photograph: Jim Wilson/The New York Times

Apple co-founder Steve Wozniak joined in the online debate over accusations of gender discrimination by the algorithm behind the iPhone maker’s credit(...)

Pressure continues to mount on US president Donald Trump.  Photograph: Jonathan Ernst/Reuters

The US trade deficit jumped to $621 billion last year, in a significant blow to US president Donald Trump, who made addressing the massive imbalance a(...)

Barclays has been hit with a $150 million (€141m) penalty for allegedly using its foreign exchange electronic trading platform to reject unprofitable (...)

Barclays is set to pay a substantial fine to resolve allegations that it abused foreign exchange markets. Photograph: Reuters

British bank Barclays is set to pay a substantial fine to resolve allegations that it abused foreign exchange markets through its electronic trading p(...)

Because it removes banks as intermediaries for payments, BitCoin threatens a major function and income source for the institutions. This is especially true in the area of remittances

BitCoin. Is the story all over for the much-discussed cryptocurrency, or has it just begun? In 2014, stories about BitCoin and various, lesser-known c(...)

A bitcoin ATM machine is shown at a restaurant in San Diego, California. The price of bitcoin plummeted by 20 per cent over the weekend hitting a one-year low. Photograph: Mike Blake/Reuters

The price of bitcoin fell nearly 20 per cent this weekend to its lowest level of the year, prompting worries of a crash. “As the price is going down, (...)

As part of the agreement with New York’s Department of Financial Services, StanChart will suspend clearing activity for high-risk Hong Kong business clients and exit certain client relationships at its branches in the United Arab Emirates.  Photograph: Bloomberg

Standard Chartered will be barred from processing transactions for some high-risk clients as part of a $300 million (€225 million) settlement with New(...)

PricewaterhouseCoopers was fined $25 million after sanitising a report to regulators on sanctions and money-laundering controls for Bank of Tokyo-Mitsubishi UFJ , New York’s top bank regulator said today. (Photograph: Mario Tama/Getty Images)

PricewaterhouseCoopers was fined $25 million after sanitising a report to regulators on sanctions and money-laundering controls for Bank of Tokyo-Mits(...)

Yesterday, Slovenia-based Bitstamp became the second major bitcoin exchange to halt customer withdrawals in the past several days, citing “inconsistent results”, and blaming a denial-of-service attack. Photograph: Tomohiro Ohsumi/Bloomberg

Bitcoin is being hit by attacks from unknown computer hackers who are sending “mutated” lines of code into the program that runs the virtual c(...)