Source: en.wikipedia.org
Federal Reserve Governor Lisa Cook is tempering expectations of an artificial intelligence (AI) productivity impact, while Malaysia unveiled ambitious plans to become an AI hub...
The private credit market is booming — and has the potential to reshape lending, and risk, too, in financial services. Generally and conceptually speaking, the...
Starling Bank has been fined 29 million pounds ($38 million) for failing to implement proper financial crime controls. The U.K. Financial Conduct Authority (FCA) announced the penalty against...
The Consumer Financial Protection Bureau (CFPB) is targeting illegal practices among medical debt collectors. The practices include “double-dipping” to get paid for services covered by...
The Federal Reserve has terminated a decade-old enforcement action against Citigroup that focused on deficiencies tied to the banking giant’s anti-money laundering (AML) practices. On...
British banking giant Barclays will pay $4 million to settle a U.S. regulatory case. The Commodity Futures Trading Commission (CFTC) announced Tuesday (Oct. 1) that it had settled charges...
Robinhood is offering cryptocurrency transfers to European customers amid regulatory pressure in the United States. The service, “one of the most requested features in the...
The United Kingdom’s Competition and Markets Authority (CMA) said Friday (Sept. 27) that it decided it will not further investigate whether Amazon’s partnership with Anthropic...
Demand for seamless, real-time financial information is driving a shift in banking. This shift, driven by technological advancements and global trends including open banking and...