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It’s the latest salvo in an escalating battle between state regulators and an industry that claims it’s not beholden to them.
The startup also announced a $5M ‘rescue fund’ to help credit unions ditch legacy software for its AI-native platform.
Fi, founded by former Google Pay executives, is discontinuing banking services over four years after launch.
Stripe released a preview intended to allow AI companies to easily track, pass through, and make a profit on underlying AI model fees.
Six newly-created accounts made a profit of $1 million by correctly betting that the U.S. would strike Iran by February 28.