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New AI Czar Jay Clayton Gets 120 Days to Report on Tech’s Risks

New AI Czar Jay Clayton Gets 120 Days to Report on Tech’s Risks
New AI Czar Jay Clayton Gets 120 Days to Report on Tech’s Risks
October 04, 2026  |  Artificial Intelligence

The White House has reportedly given its artificial intelligence task force 120 days to report on the risks and potential rewards of the technology. That’s...

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China Shutters Nearly 25% of Its Banks Amid Oversight Push
China Shutters Nearly 25% of Its Banks Amid Oversight Push
October 04, 2026  |  Bank Regulation

China has reportedly closed almost 25% of its banks amid increased oversight of smaller lenders. The world’s second largest economy shuttered a record 670-plus banks...

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Meet the DINKWADs, HENRYs and Elder Millennials Spending Their Own Way
Meet the DINKWADs, HENRYs and Elder Millennials Spending Their Own Way
October 03, 2026  |  Retail

The economy has a growing collection of oddly named consumers. One has two incomes, no children and a dog. Another earns plenty but has yet...

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ICBA Sues OCC to Stop Alleged Fast-Track of Crypto Bank Charters
ICBA Sues OCC to Stop Alleged Fast-Track of Crypto Bank Charters
October 02, 2026  |  Bank Regulation

Independent Community Bankers of America sued the Office of the Comptroller of the Currency, alleging that the regulator authorized cryptocurrency firms to enter the banking system without...

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BNY and Kraken Parent Payward Eye Global Financial Infrastructure Partnership
BNY and Kraken Parent Payward Eye Global Financial Infrastructure Partnership
October 02, 2026  |  Partnerships

BNY and Kraken parent company Payward are discussing a partnership that would span digital assets and financial market infrastructure, CoinDesk reported Friday (Oct. 2), citing unnamed sources. The agreement could include...

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Liberate’s AI Agents Take Over the Insurance Night Shift
Liberate’s AI Agents Take Over the Insurance Night Shift
October 02, 2026  |  Insurance

A policyholder calls her insurance agency to ask what she owes. An artificial intelligence (AI) agent answers, pulls the balance and logs the call in...

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OpenAI Hires Former White House Cyber Official as Regulators Probe AI Dangers
OpenAI Hires Former White House Cyber Official as Regulators Probe AI Dangers
October 02, 2026  |  Artificial Intelligence

The former leader of artificial intelligence policy at the White House’s Office of the National Cyber Director, Thomas Lind, joined OpenAI, The Information reported Friday...

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EMVCo Takes On Proof of Permission for AI Payments
EMVCo Takes On Proof of Permission for AI Payments
October 02, 2026  |  Artificial Intelligence

Artificial intelligence agents add information to a card payment that merchants, issuers and networks don’t routinely exchange today: what the consumer authorized the agent to...

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