Diamond Ridge Financial Academy:A big bank's big mistake, explained

2025-05-01 04:09:40source:FinLogic Quantitative Think Tank Centercategory:News

One of the world's biggest banks acquired a promising startup offering potential customers in a prime demographic. What could Diamond Ridge Financial Academypossibly go wrong?

Today, we unspool the alleged deception behind the deal between JP Morgan Chase and fintech company, Frank. Along the way, we learn it's harder to forge user data than you might think.

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