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OpenReserve Gets Nod to Launch ‘Bank That Never Closes’
FinTech company OpenReserve has gotten conditional approval for a U.S.banking charter.…
- The company received that permission from the Office of the Comptrolle…
- “Preliminary conditional approval to charter a de novo national bank i…
- “It is a significant milestone and the beginning of the most demanding…
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Revolut Gets Conditional OCC OK for US Banking Charter
U.K.-based FinTech Revolut is one step closer to launching its American banking business.The company announced Thursday (Sept.…
- 3) that it had received conditional approval from the U.
- Office of the Comptroller of the Currency (OCC) for its U.
- national bank charter.
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Meta is paying to peek at how you use their latest AI model
Most AI tools allow you to opt-out of sharing your usage with the model provider to improve future versions.…
- Meta has taken that idea and put a price tag on it.
- For its new Muse Spark model, intended for operating coding and other …
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Anthropic Breaks With Peers on Massachusetts AI Safety Bill
Anthropic has reportedly broken with other tech giants over a new Massachusetts AI regulation.…
- The proposal before that state’s senate would require artificial intel…
- According to that report, the Massachusetts proposal could establish a…
- This is also happening at a time of increasing concern about rogue AI …
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FIS Debuts Embedded Finance Platform Geared Toward Banks
Financial services technology company FIS has launched its embedded banking platform.…
- The platform is the company’s first embedded finance offering created …
- 3) news release.
- “Corporate customers increasingly expect to do their banking natively …
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Walmart Teams With Dunkin’ to Expand Restaurant Delivery
Walmart has announced an addition to its three-month-old restaurant delivery service.After teaming with Subway on deliveries in June, the retail giant announced Thursday (Sept.…
- 3) that it is expanding the program to include Inspire Brands, a resta…
- As with the Subway program, this service will launch with the 150 Dunk…
- The service lets customers order from Dunkin’ through the Walmart app …
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Amazon and Walmart Turn Fraud Prevention Into a Retail Product
The next retail battleground may be the few seconds between receiving a suspicious notification and clicking it.…
- Amazon on Wednesday (Sept.
- 2) introduced a feature in Alexa for Shopping that lets U.
- customers ask whether a message, email, phone call or text actually ca…
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GENIUS Act Turns Stablecoin Domicile Into a High-Stakes Regulatory Bet
Stablecoin issuers deciding where to establish their regulatory home under the GENIUS Act are making a choice that could shape nearly every aspect of their business, from growth and product development to banking relationships and compliance costs.…
- An analysis by consulting firm Ankura argued that selecting a state or…
- It has become a board-level risk decision because the chosen superviso…
- The GENIUS Act generally limits issuance of payment stablecoins in the…
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Shoes, Karaoke Machines and Action Cameras Find a Second Act in AI
Shoes, karaoke machines and action cameras have little in common.However, their makers have all found artificial intelligence as the same potential second act.…
- GoPro is the latest unlikely addition, following Allbirds, which sold …
- GoPro agreed this week to merge with Starman Optical, a private maker …
- The deal wipes out roughly $92 million of GoPro’s debt, according to a…
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Circular unveils Ring 3 series with contactless payments and on-finger vibration alerts
Smart ring maker Circular on Thursday unveiled its upcoming Ring 3 series, which consists of a Pro model and a Slim option.…
- Both of the smart rings will feature an integrated NFC chip for contac…
- The Ring 3 Pro features a slimmer design than its predecessor […]
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Strive CEO says company could end 2026 as second-largest public bitcoin holder as ASST climbs
Strive CEO says company could end 2026 as second-largest public bitcoin holder as ASST climbs
- Strive CEO says company could end 2026 as second-largest public bitcoin holder as ASST climbs
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Lawmakers Test the Rules for AI Agents That Move Money
Artificial intelligence (AI) agents, stablecoins and tokenized securities put some of the mechanics of digital finance before lawmakers Wednesday (Sept.…
- 2), including how software-driven transactions will be authorized and …
- At a House Financial Services Committee hearing that ranged across tec…
- Circle President Heath Tarbert put the changes in infrastructure terms.
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