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Australia Finds No ‘Clear Public Interest’ for Retail CBDC
Australia Finds No ‘Clear Public Interest’ for Retail CBDC
September 18, 2024  |  CBDC

If Australia creates a digital currency, it will likely be the wholesale, not retail, variety. That’s according to a report issued Wednesday (Sept. 18) by the country’s...

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US Targets ‘Malicious’ AI Use at November Safety Summit
US Targets ‘Malicious’ AI Use at November Safety Summit
September 18, 2024  |  artificial intelligence

The U.S. will host a multi-national summit in November to discuss safe AI development. U.S. Commerce Secretary Gina Raimondo told The Associated Press (AP) Wednesday (Sept....

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Synchrony’s CareCredit Credit Card Now Accepted at Albertsons Cos. Stores
Synchrony’s CareCredit Credit Card Now Accepted at Albertsons Cos. Stores
September 18, 2024  |  Credit Cards

Synchrony’s CareCredit health and wellness credit card is now accepted for select items in nearly 2,200 Albertsons, Safeway, Vons, ACME, Shaw’s and Jewel-Osco stores. A new collaboration of Synchrony and food and drug...

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JPMorgan Aims to Expand in Africa and Scandinavia
JPMorgan Aims to Expand in Africa and Scandinavia
September 18, 2024  |  Banking

America’s largest bank is increasing its expansion efforts outside the U.S. J.P. Morgan Chase is hiring bankers in cities like Stockholm and Copenhagen to expand...

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Japan Considers Loosening Crypto Rules as Companies Launch Blockchain Initiatives
Japan Considers Loosening Crypto Rules as Companies Launch Blockchain Initiatives
September 17, 2024  |  Blockchain

Japan is reportedly considering whether to loosen its rules for the crypto industry. This consideration is being driven in part by a growing number of...

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Microsoft-Backed Partnership Aims to Raise $100 Billion for AI Infrastructure
Microsoft-Backed Partnership Aims to Raise $100 Billion for AI Infrastructure
September 17, 2024  |  artificial intelligence

A new artificial intelligence (AI) partnership that includes Microsoft and BlackRock aims to mobilize up to $100 billion in total investment potential for data centers...

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SEC and Prager Metis Settle Charges Related to FTX Audits
SEC and Prager Metis Settle Charges Related to FTX Audits
September 17, 2024  |  Legal

The Securities and Exchange Commission (SEC) has announced a settlement with audit firm Prager Metis that includes charges related to the firm’s audits of FTX....

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Capchase and Stripe Partner on B2B BNPL in US
Capchase and Stripe Partner on B2B BNPL in US
September 17, 2024  |  B2B Payments

Capchase and Stripe have partnered to offer a B2B buy now, pay later (BNPL) payment method in the United States. With this partnership, Capchase’s B2B BNPL for...

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Brazil to Bar Use of Credit Cards in Online Gambling
Brazil to Bar Use of Credit Cards in Online Gambling
September 17, 2024  |  Regulation

Online gambling companies reportedly will be prevented from operating in Brazil if they haven’t requested authorization to do so. The potential suspensions announced by Brazil’s...

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