January, 2025

January, 2025

OpenAI Unveils ChatGPT for US Government Use
OpenAI on Wednesday (Jan. 28) unveiled a version of ChatGPT that it said has the security, reliability and privacy guardrails necessary for use by the U.S. government. Called ChatGPT Gov, OpenAI said ...

Concern About Labor Market Conditions Drives Decline in Consumer Confidence
Consumer confidence declined in January but remained within the narrow range it has been in since 2022, The Conference Board said Tuesday (Jan. 28). The group’s Consumer Confidence Index declined by...

Will Visa Deal Give X Money Momentum vs Neobanks?
Elon Musk’s bid to make X into the “everything app” may have gotten a bit of a boost — where the newly-announced pact with Visa is a significant “something” on the way to “everything.”...

Report: FDIC and OCC Rescind Job Offers Amid Hiring Freeze
Two banking regulators — the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency — are reportedly complying with a federal government-wide hiring freeze announced by ...

Recurring Payments Feature to Draw $30 Billion in Payments to Brazil’s Pix
The soon-to-be-released recurring payments feature of Brazil’s payment system, Pix, is reportedly expected to draw $30 billion in eCommerce payments alone to Pix in two years. The recurring payments...

SoFi Reports Net Revenue of $734M and Net Income of $332M Million for Q4 2024
SoFi Technologies, Inc. (NASDAQ: SOFI), a “one-stop” shop for digital financial services that helps members borrow, save, spend, invest and protect their money, reported financial results for its ...

CfPA Advocates for Reg CF Tax Exemption: Targeting Resources to Unleash Market Prosperity (TRUMP) Jobs Act
The CfPA, or the Crowdfunding Professionals Association, is touting potential legislation aiming to boost the utilization and benefits of Reg CF or Regulation Crowdfunding. The proposed legislation, s...

Y-Combinator Alumni Grey to Partner with Clear Junction on Global Payments
Grey and Clear Junction will partner on global payments, according to a company release. Grey is a graduate of Y-Combinator in 2022. The Fintech aims to provide banking services in emerging markets. C...

Is This the End of the CDN As We Know It?
Recent news, like the shuttering of Edgio, signals to many the imminent death of traditional content delivery networks (CDNs). But does it really?...

Boom’s supersonic test plane breaks the sound barrier for the first time
Boom Supersonic’s XB-1 test plane broke the sound barrier three times during its 12th test flight. Ten months after its long-delayed first subsonic flight took place last March, Boom Supersonic�...

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B&T Television

April