How one personal finance site is taking on Google’s AI bots
The personal finance app provider is working to block AI crawlers from the search giant and large language model providers from accessing much of its website.
How ‘goose’ is adding juice to to Block’s earnings
The payment company increased its financial outlook, partly on the shoulders of new forms of artificial intelligence, such as “codename goose” that are making it possible to update products faster.
Trump says he will nominate Stephen Miran to Fed
President Trump said Thursday that he will nominate Stephen Miran, who currently serves as chair of the White House Council of Economic Advisers, as the next member of the Federal Reserve Board of Governors. Miran is a key architect of President Donald Trump’s tariff policy.
As tariffs take hold, banks still grappling with uncertainty
President Trump’s imposition of sweeping tariffs on more than 90 countries Thursday represents a major shift in the U.S. trade stance, but the impact on inflation, the Federal Reserve and the economy are still unclear.
Trump signs debanking executive order
The executive order tells banking regulators to examine banks for signs of politically motivated account denials.
Trump’s executive order on debanking should trigger a reckoning
We’ve just lived through a repeat of Operation Chokepoint, the federal effort to deny banking services to disfavored companies and individuals. We must know the full story so it can never happen again.
Capitolis gets funding from BNP, Barclays, JMorganChase
BNP and Barclays joined JPMorgan’s investment into the Wall Street fintech’s products, which help banks with optimizing their balance sheets.
Court vacates Fed interchange rule, dealing blow to banks
A federal judge in North Dakota found that the Federal Reserve’s rules capping interchange fees runs afoul of the Durbin Amendment section of Dodd-Frank, vacating the rule unless the central bank decides to appeal the decision. The decision carries implications not only for swipe fees but also how and when banking regulations can be challenged.
Two merging Boston banks to rebrand under new Beacon name
Berkshire Hills Bancorp and Brookline Bancorp are eyeing a September closing for their merger of equals, to be followed by a phased rollout of the new Beacon Bank & Trust brand.
PayPal and Visa embrace AI for payment crime fighting
The payment giants have added emerging forms of artificial intelligence to identify cybercrime, fraud and scams, countering crooks who are also embracing the innovation.