May 27, 2025

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Banking

Temenos sets new benchmark for scalability of AI-powered banking with Microsoft

Performance benchmark demonstrates the speed, efficiency and scalability of Temenos’ cloud-native banking solutions for modern AI-powered banking MADRID, Spain, May 22, 2025 (GLOBE NEWSWIRE) — – Temenos (SIX: TEMN), a global leader in banking technology, today announced the results of a highwater benchmark for its cloud-native core banking solutions running on Microsoft Azure. The results

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Crypto

Bitcoin hits record high, soars past $109K

Trump hosts $1.5M fundraising dinner with crypto czar President Donald Trump hosted a $1.5 million-per-plate fundraising dinner at the Trump National Golf Club in Sterling, Virginia. unbranded – Newsworthy Bitcoin BTC= rose to its highest level on record on Wednesday, eclipsing the previous high from January, as risk sentiment continues to improve after last month’s tariff-induced selloff.

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Banking

Bank of Sydney subscribes to Infosys Finacle Digital Banking Suite on AWS Cloud

MELBOURNE, Australia, May 21, 2025 /PRNewswire/ — Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), and Bank of Sydney (BoS), today announced the bank’s decision to select the Infosys Finacle Digital Banking Suite to power its transformation. Through this strategic collaboration, Bank of Sydney aims to

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Investors

5 things investors need to know about Trump’s ‘One Big, Beautiful Bill’

Bram Berkowitz  |  The Motley Fool White House claims ‘Big Beautiful Bill’ won’t raise deficit White House Press Secretary Karoline Leavitt said the ‘Big Beautiful Bill’ won’t raise the deficit, but nonpartisan analysts say otherwise. The U.S. House of Representatives has unveiled a legislative package dubbed “One Big, Beautiful bill,” a phrase President Donald Trump

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Banking

Vórtx Announces Acquisition of Grafeno Pagamentos and Accelerates Expansion in Banking Services

The acquisition consolidates Vórtx as a leader in technological infrastructure, offering comprehensive and integrated BaaS and CaaS solutions to drive the next generation of financial services. The acquisition consolidates Vórtx as a leader in technological infrastructure, offering comprehensive and integrated BaaS and CaaS solutions to drive the next generation of financial services. State of Sao

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Investors

UnitedHealth investors brace for strategic shift after missteps

DOJ criminal probe investigates UnitedHealth Group for Medicare fraud The Wall Street Journal reported the Department of Justice is investigating UnitedHealth Group for possible Medicare fraud. UnitedHealth Group UNH.N investors, stunned by missteps at the once predictable healthcare giant, are warily expecting strategic changes in its Medicare Advantage health insurance business over the next year. On Wednesday,

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Loans

Rep. Huizenga moves to make auto loans tax deductible

The impact and history of autos in Detroit, The Motor City Here are some facts about Detroit’s auto industry. Rep. Bill Huizenga introduced the Made in America Motors Act, proposing a tax deduction on interest paid on U.S.-assembled vehicle loans. The proposed deduction allows up to $2,500 per year for vehicles under 14,000 pounds purchased

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Funds

DOGE cuts millions in funds for HIV research at Florida universities

Those working to end the HIV epidemic say this cut in funding will have a ‘devastating impact.’ Protesters against planned National Institutes of Health funding cuts The Trump administration’s push to slash funding at the National Institutes of Health has been temporarily blocked by a federal judge. About $42 million of the terminated grants were

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Loans

FSA to require DOGE approval for larger loans

Ryan Hanrahan  |  Farmers’ Advance ‘May Day’ protests push back against Trump administration policies “May Day” protesters across the U.S. rallied against President Donald Trump’s policies and billionaire Elon Musk’s influence over the White House. Reuters’ Leah Douglas and P.J. Huffstutter reported that “farm loan employees at the U.S. Department of Agriculture’s Farm Service Agency will

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Loans

2025 high school grads facing $40k in college student loans

Entering young adulthood saddled with debt has become standard for many who want an undergraduate degree, sometimes to the tune of tens-of-thousands of dollars. Around 45% of 2025 high school graduates will go on to a four-year college, according to NerdWallet analysis, and more than one-third of them will take on student loans to pay for their

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