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Report: OCC Hack Prompts Information Sharing Limits From Big Banks
Report: OCC Hack Prompts Information Sharing Limits From Big Banks
April 14, 2025  |  Bank Regulation

A Bloomberg report released late Monday (April 14) says that JPMorgan Chase and Bank of New York Mellon have scaled back electronic information sharing with...

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Bank of America to Pay $540.3 Million After Ruling in FDIC Lawsuit
Bank of America to Pay $540.3 Million After Ruling in FDIC Lawsuit
April 14, 2025  |  Bank Regulation

Bank of America will reportedly pay $540.3 million following a judge’s ruling in a lawsuit in which the Federal Deposit Insurance Corp. (FDIC) accused the...

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Revolut Targets Europe’s Rewards Card Market
Revolut Targets Europe’s Rewards Card Market
April 14, 2025  |  Credit Cards

Revolut is reportedly building a rewards-based credit card that would use the RevPoints points system the company launched in July for use with debit cards....

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New York Sues DailyPay and MoneyLion, Alleging Abusive Lending Practices
New York Sues DailyPay and MoneyLion, Alleging Abusive Lending Practices
April 14, 2025  |  Legal

The New York State Attorney General sued earned wage access providers DailyPay and MoneyLion on Monday (April 14), accusing them of illegal and deceptive conduct...

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Bank of England Scrutinizes Growing Market for Significant Risk Transfers
Bank of England Scrutinizes Growing Market for Significant Risk Transfers
April 14, 2025  |  Banking

British lenders are reportedly concerned that the Bank of England’s scrutiny of significant risk transfers (SRTs), also known as synthetic risk transfers, could slow the...

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AI App Startups Making Rapid Gains in Sales and Funding
AI App Startups Making Rapid Gains in Sales and Funding
April 14, 2025  |  Startups

Startups that build artificial intelligence (AI) applications on top of large language models (LLMs) are reportedly making rapid gains in both sales and funding. Get...

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Apple to Tap User Data for LLM Training
Apple to Tap User Data for LLM Training
April 14, 2025  |  Apple

Apple is planning to analyze user data to improve its large language model (LLM) software while upholding user privacy. Get the Full Story Complete the...

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Lawsuit Challenges Trump Administration’s Justification for Tariffs
Lawsuit Challenges Trump Administration’s Justification for Tariffs
April 14, 2025  |  Legal

The Trump administration’s justification for its tariffs is being challenged by a lawsuit filed in the U.S. Court of International Trade on behalf of five...

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Report: Crypto Firm Anchorage Digital Bank Investigated by Homeland Security
Report: Crypto Firm Anchorage Digital Bank Investigated by Homeland Security
April 14, 2025  |  Cryptocurrency

Crypto company Anchorage Digital Bank is reportedly being investigated by the Department of Homeland Security (DHS). Get the Full Story Complete the form to unlock...

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