Food and Housing Costs Keep Consumers in Cutback Mode

Food and Housing Costs Keep Consumers in Cutback Mode
Food and Housing Costs Keep Consumers in Cutback Mode
August 12, 2026  |  Economy

Consumers are getting some inflation relief, at least in terms of the slowdown in price increases. They’re just not necessarily getting it on the bills...

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Your Bank’s AI Agent May Need a Permission Slip
Your Bank’s AI Agent May Need a Permission Slip
August 12, 2026  |  Artificial Intelligence

Financial regulators and banks have spent years catching artificial intelligence agent mistakes after the fact, tracing errors and assigning blame once the money has already...

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M&T Bank Appoints Fannie Mae Veteran Kalyana Bedhu as AI Engineering Head
M&T Bank Appoints Fannie Mae Veteran Kalyana Bedhu as AI Engineering Head
August 12, 2026  |  Personnel

Buffalo, New York-headquartered M&T Bank has appointed Fannie Mae veteran Kalyana Bedhu as the bank’s new head of artificial intelligence (AI) engineering, M&T Bank Chief Information Officer Linda Tai said in...

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AI Recordkeeping Raises Compliance Questions for Financial Services Firms
AI Recordkeeping Raises Compliance Questions for Financial Services Firms
August 12, 2026  |  Artificial Intelligence

Financial services firms are moving rapidly to deploy artificial intelligence (AI) in compliance, communications and other business functions, but their use of the technology is...

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Prediction Markets Face NYC Probe Over Marketing Practices
Prediction Markets Face NYC Probe Over Marketing Practices
August 12, 2026  |  Legal & Regulation

The New York City Council launched an investigation into four prediction markets, The Wall Street Journal (WSJ) reported Wednesday (Aug. 12). Get the Full Story...

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Francisco Partners Buys Moneris From BMO and RBC for $1.4 Billion
Francisco Partners Buys Moneris From BMO and RBC for $1.4 Billion
August 12, 2026  |  Commerce

Moneris Solutions Corp., a Canadian provider of payments and commerce solutions that is jointly owned by BMO and Royal Bank of Canada (RBC), is set...

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FinCEN Deletes Ownership Data but Banks Keep the Risk
FinCEN Deletes Ownership Data but Banks Keep the Risk
August 12, 2026  |  Legal & Regulation

The federal government spent years building toward a centralized answer to one of banking’s oldest compliance questions: Who actually owns the company moving the money?...

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Crypto.com Launches Tokenized US Equities and ETFs in Europe
Crypto.com Launches Tokenized US Equities and ETFs in Europe
August 12, 2026  |  Blockchain

Crypto.com now enables eligible users in the European Economic Area (EEA) and other approved jurisdictions to gain exposure to U.S. equities and exchange-traded funds through...

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Bitwise Slashes 14% of Staff Amid Crypto Prices Downturn
Bitwise Slashes 14% of Staff Amid Crypto Prices Downturn
August 12, 2026  |  Cryptocurrency

Bitwise has reportedly cut 14% of its staff amid an ongoing downturn in cryptocurrency prices. Get the Full Story Complete the form to unlock this article...

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