Excerpt of Crypto Enforcement Team Implemented by the FCA to Target Rogue Firms The Financial Conduct Authority (FCA) has officially formed a dedicated Crypto Enforcement Team to actively identify and eliminate rogue crypto firms operating without regulatory approval in the UK. This move comes amid increasing concerns about fraudulent schemes, money laundering, and misleading crypto
Joining forces will expand The Bank of Glen Burnie’s mortgage business line both in products and footprint, and will grow VA Wholesale Mortgage’s reach and strength under The Bank of Glen Burnie name. GLEN BURNIE, Md., Aug. 18, 2025 (GLOBE NEWSWIRE) — The Bank of Glen Burnie®, a wholly owned subsidiary of Glen Burnie Bancorp
For years, quantum computing has been the subject of conference panels, research papers and visionary talks. It has fascinated technologists and futurists alike, yet for many in financial services it still feels like tomorrow’s problem. That assumption is about to change. Quantum computing is moving at a pace that would surprise even its early champions.
6 terms to know before you start house hunting In the housing market, here are some terms to know before you jump in and get your heart set on a dream home. For more information, visit the Federal Trade Commission website, FTC.gov. Capitol Federal Savings Bank is shifting its focus from home mortgages to commercial
The bank submitted its application to transition into a universal lender on September 3, 2024, under the RBI’s ‘on tap’ licensing guidelines (August 2016) and April 2024 framework for the voluntary conversion. “We have made history by receiving in-principle approval from the RBI to transition into a universal bank. This milestone is a reaffirmation of
In the fast-paced world of entrepreneurship, managing finances efficiently can be the difference between thriving and merely surviving. Fintech solutions are revolutionising how small and medium-sized enterprises (SMEs) handle their money, with features like seamless currency conversions, secure digital signing, and automated tax handling. These digital banking tools integrate advanced technology to simplify cash flow
🧭 Introduction: From Digital Efficiency to Intelligent Infrastructure We are entering the most transformative decade in financial services since the birth of digital banking. What began as a wave of mobile-first interfaces and API integrations is now evolving into something much deeper—AI-powered infrastructure that can learn, adapt, and reason. AI is no longer just a
BOCA RATON, Fla., Aug. 04, 2025 (GLOBE NEWSWIRE) — NewtekOne, Inc. (“Newtek”) (NASDAQ: NEWT) and its national bank subsidiary Newtek Bank, N.A. (“Newtek Bank”) have launched a game-changing innovation for independent business owners: a fully integrated onboarding process that delivers both an approved Newtek Bank true Newtek Zero-Fee Business Banking® checking account and a Newtek
General purpose AI tools like ChatGPT often require extensive training and fine-tuning to create reliably high-quality output for specialist and domain-specific tasks. And public models’ scopes are simultaneously limited to and diluted by training materials. Output is based on their range of unidentified training material so it may diverge from output that needs to
Erebor Says Palmer Luckey’s “Political Network” Will Help With Regulators
Anduril founder Palmer Luckey’s new digital bank, Erebor, told prospective investors in a fundraising memo that it expects federal banking regulators to approve its plans by late 2025 — a speedy timeline that it says is possible because of Luckey’s “political network” and the bank’s close ties to regulators. The memo said the bank anticipated