January, 2025

January, 2025

Financial Services Lawyers Call for Simpler Path to Bank Charters
A faster, simpler path to obtaining bank charters would foster innovative financial services, keep this activity within the regulatory perimeter and enhance competition, Klaros Group Partner Michele A...

Trump Goes 6 for 8 on Crypto Promises During First Week
The crypto industry wanted Donald Trump to become America’s 47th president, and they spent big to make it happen. Around 48% of all corporate money contributed to the 2024 election cycle came from c...

Fifth Third Bank Introduces Early Tax Refund Service for Customers
Fifth Third Bank is giving taxpayers a financial head start, offering its customers the ability to access their tax refunds up to five days earlier than standard IRS processing times at no extra cost....

Visa and DealMe Begin Rollout of Cross-Border Installment Payment Solution
Visa and DealMe are piloting a cross-border installment payment solution in South Korea and plan to expand it to Vietnam, the United States, Australia, Japan and Singapore. In the pilot program, Visa ...

SoFi CEO: ‘We’re Not Just a Lender Anymore’
SoFi Technologies’ drive toward cementing its financial services ecosystem status continues — with gains across consumer-focused lending and direct deposits. The data also showed notable momentum ...

Reid Hoffman-Backed Manas AI Raises $24.6 Million for Drug Development
LinkedIn founder Reid Hoffman and oncologist Siddhartha Mukherjee raised $24.6 million in a seed round to launch an artificial intelligence startup focused on drug development. Called Manas AI, the st...

Starbucks Outlaws Lounging Without Buying as Sales Slip
The days of hanging out at Starbucks without purchasing anything are apparently over. Beginning Monday (Jan. 27), the coffee chain is rolling out new policies that define customers as people who buy...

Why Is Silicon Valley Spending a Fortune on AI Data Centers?
This week, President Donald Trump and a small group of tech executives — OpenAI CEO Sam Altman, SoftBank CEO Masayoshi Son and Oracle founder Larry Ellison — announced Stargate, a four-year, $500 ...

Chinese AI Firm DeepSeek Deep-Sixes US Tech Stocks
Tech stocks plunged Monday (Jan. 27) following a new AI model from China’s DeepSeek. As the Financial Times (FT) reported, DeepSeek’s latest large language artificial intelligence (AI) model has...

ICAN Founder Nick Morgan Shares What Needs to be Fixed at the Securities and Exchange Commission (SEC)
ICAN, or Investors Choice Advocates Network, is a non-profit that advocates on behalf of underserved investors and those individuals deemed to be unfairly targeted by the Securities and Exchange Commi...

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B&T Television

April