Regulatory Actions Target Banking-as-a-Service Practices
Banking-as-a-Service is under increased regulatory scrutiny. Axiom Bank faces enforcement for outdated anti-money laundering practices. Five Star Bank plans to…
New York Attorney General Investigates Capital One’s Acquisition of Discover Financial Services
The New York Attorney General is investigating Capital One's Discover acquisition. The deal could control 30% of New York's subprime…
Anthropic Develops AI Agents to Control Computers
Anthropic introduces AI agents to automate routine computer tasks. These agents can navigate web and control computers like humans. Businesses…
Sola Rebrands and Appoints Michael Reed as CEO
Sola rebrands from Fidelity Payment Services and integrates Cardknox. Michael Reed is appointed as the new CEO of Sola. Rebranding…
CFPB Imposes Fines on Apple and Goldman Sachs Over Apple Card Issues
The CFPB fined Apple and Goldman Sachs over Apple Card issues. Goldman Sachs will pay $19.8 million in redress and…
Startups Offer GPU Rentals to Meet Rising AI Demand
Startups are expanding GPU rental services to meet AI demand. Generative AI technology increases interest in GPU-as-a-service models. The future…
CFPB Orders Apple and Goldman Sachs to Pay $89 Million Over Apple Card Issues
CFPB ordered Apple and Goldman Sachs to pay $89 million for mishandling disputes. Technological issues led to delayed consumer dispute…
Kasisto Appoints New CEO to Propel Growth in Financial AI
Kasisto appoints Lance Berks as CEO to drive AI growth in finance. The leadership change strengthens Kasisto's position in conversational…
Garanti BBVA Kripto Boosts Crypto Platform with Ripple and IBM
Garanti BBVA Kripto enhances its platform with Ripple and IBM collaboration. New security measures address growing demand for reliable digital…
Finance Leaders Navigate Uncertainty with Strategy and Technology
Finance teams face challenges due to economic fluctuations and regulatory changes. Digital tools like AI and automation help improve financial…
