Visa Partners with CARD91 to Enhance Forex Card Issuance
Visa and CARD91 aim to simplify Forex Card issuance with their new partnership. Issuers benefit from enhanced control and transaction…
G7 Authorities Address AI Market Competition Concerns
G7 summit addresses AI market competition and potential regulatory measures. US agencies focus on AI-dominant companies like Nvidia for antitrust…
JPMorgan Expands Branches to Compete with Neobanks for Low-Income Clients
JPMorgan plans 100 new branches in low-income urban and rural areas. Neobanks continue to attract customers through innovative digital services.…
OpenAI Secures $4 Billion Credit Line with Major Banks
OpenAI secures $4 billion credit line with major banks. Banks and AI firms deepen collaborations for mutual benefit. Sustainability remains…
CFPB and Fed Update Lending and Leasing Rules
The CFPB and Fed updated thresholds for lending and leasing rules. New regulations apply to transactions and leases under $71,900…
Zimbra Fixes Security Flaw and Urges System Updates
Zimbra fixed a critical security vulnerability in its postjournal service. The vulnerability, named "CVE-2024-45519," allows unauthorized command execution. Zimbra urges…
OMB Releases Guidance for Federal AI Procurement
OMB has released guidance for federal AI technology procurement. The guidance includes strategies for managing AI risk and promoting collaboration.…
Yanai Donates $31 Million to UCLA for Japanese Humanities
Yanai donates $31 million to UCLA for Japanese humanities studies. The funds support Japan Past & Present, fostering global scholarly…
Spirit Airlines Considers Bankruptcy Amidst Financial Challenges
Spirit Airlines considers bankruptcy talks with bondholders and creditors. The failed JetBlue merger and regulatory issues worsen Spirit's financial troubles.…
Meta Introduces AI Model for Video Generation
Meta launched Movie Gen for AI-driven video creation and editing. This model builds on previous AI advancements like Make-A-Scene and…
