Report: Treasury Department Seeks More Control Over FDIC and OCC
The Treasury Department is reportedly drafting recommendations that would streamline other banking regulators and give the department more control over them.
Treasury began drafting these regulations ...
How AI Is Different From Web3, Blockchain and Crypto
Artificial intelligence, Web3, cryptocurrencies and blockchain are some of the most talked-about technologies today, often described in a sweeping way as next-gen.
However, they’re fundamentally dif...
Westpac to Enable Consumers to Block Accounts When Suspecting Fraud
Westpac, a bank operating in Australia and New Zealand, plans to enable customers to immediately block their account through its app or online banking.
This new SafeBlock feature, which will be added ...
Bulgarian lottery scandal causes political uproar
An “impossible” number was drawn in a Bulgarian lottery draw, prompting disbelief from the presenter and creating mass confusion for the live television broadcast.
In Eastern Europe, the Bulgarian...