OpenAI is close to finalizing a funding round in which it could raise as much as $30 billion at a $1.25 trillion pre-money valuation, CNBC reported Thursday (Oct. 22), citing unnamed sources. OpenAI told investors Thursday that it aims to secure signatures by the end...
Fraud losses reported by older adults increased fivefold between 2020 and 2025, leaping from $600 million to $3 billion, the Federal Trade Commission (FTC) said Monday (Oct. 19). The FTC shared this data in a press release outlining findings from its report to Congress, “Protecting...
Uber has made OpenAI’s ChatGPT Work available to all its 30,000 employees around the world after initially piloting it with 1,000 employees, OpenAI said in a Thursday (Oct. 22) press release. ChatGPT Work is an agent designed to take on complex, multi-step tasks within ChatGPT Enterprise and deliver finished work, according to the...
Credit card delinquencies crept up in September, while net charge-offs declined, according to the latest edition of Seeking Alpha’s Credit Pulse, released Thursday (Oct. 22). This report tracks monthly delinquency and charge-off rates at seven major credit card issuers, including American Express, Bank of America, Bread Financial, Capital One, Citigroup,...
October 07, 2026
The next sanctions shock for a multinational may not arrive as the name of a supplier appearing on a government blacklist. It could arrive as a payment that suddenly stops working. In a Monday (Oct. 5) alert, the Treasury Department’s Office of Foreign Assets Control (OFAC) warned foreign financial institutions that those continuing to transact […]
October 23, 2025
Small business owners are the backbone of local economies, sustaining communities one transaction at a time. They are often small teams, sometimes just a few people wearing many hats, balancing...
August 25, 2025
Open banking in the United States is in flux, characterized by fragmented private efforts and escalating bank-FinTech tension, while Europe evolves under regulation-driven market frameworks. It may be the case...
February 09, 2025
The Consumer Financial Protection Bureau’s (CFPB) new boss has put a hold on consumer protections. Workers at the financial regulator will work from home this week while their headquarters are...
October 22, 2026
Online lender Enova saw its revenue exceed $1 billion during a quarter for the first time in its history in the third quarter, with strong growth across its portfolio, CEO Steve Cunningham said Thursday (Oct. 22) during an earnings call. “We are pleased to report another quarter of healthy growth and credit as originations, receivables, […]
October 22, 2026
OpenAI is close to finalizing a funding round in which it could raise as much as $30 billion at a $1.25 trillion pre-money valuation, CNBC reported Thursday (Oct. 22), citing...
October 22, 2026
Fraud losses reported by older adults increased fivefold between 2020 and 2025, leaping from $600 million to $3 billion, the Federal Trade Commission (FTC) said Monday (Oct. 19). The FTC...
October 22, 2026
Uber has made OpenAI’s ChatGPT Work available to all its 30,000 employees around the world after initially piloting it with 1,000 employees, OpenAI said in a Thursday (Oct. 22) press release. ChatGPT Work is an agent designed to...
