(source: en.wikipedia.org)
For almost all FinTechs — and especially for publicly traded firms — it has been a bumpy ride these past few years. Stock prices have...
The European Commission said Tuesday (Nov. 21) that it has carried out unannounced inspections at the premises of companies involved in the online ordering and...
Wells Fargo is reportedly grappling with regulatory obligations to enhance its monitoring of financial crime. Regulators have issued formal orders to Wells Fargo, instructing the bank...
Artificial intelligence (AI) transforms how work is organized, allowing organizations to process insights at scale. Its far-flung applications and everything, everywhere, all-at-once capabilities, that when...
The Federal Reserve Board and the Consumer Financial Protection Bureau (CFPB) have raised the dollar thresholds for applicability of Truth in Lending and Consumer Leasing rules. In 2024, Truth...
OpenAI hopes its biggest benefactor will back its plans for artificial general intelligence (AGI). Sam Altman, chief executive of the artificial intelligence (AI) firm, told...
The perfect artificial intelligence (AI) regulation should ensure the technology doesn’t turn on its creators. But it also needs to ensure that the regulation itself...
In a move to ensure consumer protection and regulatory oversight, the Consumer Financial Protection Bureau (CFPB) is proposing to supervise larger nonbank companies that offer...
American regulators approved new guidelines for monitoring financial risk following this year’s banking crisis. The U.S. Treasury Department’s Financial Stability Oversight Council (FSOC) on Friday (Nov. 3) announced it...