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Zest AI Debuts LuLu Strategy for AI-Powered Lending Decisions
Zest AI says it has introduced a tool to help banks make AI-powered lending decisions. LuLu Strategy is the newest model of the company’s artificial intelligence (AI) lending intelligence platform,...
OpenAI abandons plan to drop nonprofit control
OpenAI CEO Sam Altman. OpenAI has given up on becoming a regular company. In a company blog post published on Monday,...
Deribit Sets Sights on US Market Amid President Trump’s Pro-Crypto Approach: Report
The world’s largest cryptocurrency options exchange is reportedly considering expanding its operations into the US. The Financial Times reports that Dubai-headquartered Deribit is eyeing to enter th...
Tether CEO Paolo Ardoino Unveils New Science Fiction-Inspired Artificial Intelligence Venture
The company behind the world’s biggest stablecoin is diving head-first into artificial intelligence with a new AI platform. According to Tether CEO Paolo Ardoino, the stablecoin firm is launching a ...
House Republicans release draft bill to establish federal framework for crypto regulation
The House Financial Services and Agriculture Committee leaders published a discussion draft outlining a federal crypto framework to regulate the industry in the US on May 5. House Financial Services C...
JPMorgan Chase Begins Blocking Zelle Payments Originating From Social Media After $206,800,000 Lost to Scams
The biggest bank in the US has begun blocking certain transactions from Zelle after hundreds of millions of dollars in scams were reportedly facilitated through the payments platform. US banking giant...
State Department Gadfly Looks To Use Twitter Files Playbook For Vengeance
Earlier this year, soon after Elon Musk began stripping away parts of the government he had no constitutional authority to destroy, we warned that it appeared officials in the White House were gearing...
Ripple commits $25 million in RLUSD stablecoin to boost US education
Ripple has pledged $25 million in its RLUSD stablecoin to support US education through nonprofit organizations DonorsChoose and Teach For America. The contribution, revealed on May 5, aims to support ...
Agentic AI and Tokens Make Loyalty Programs Personalized, Automated Drivers of Commerce
Agentic agents, automated payments and consumer-permissioned, data-rich tokens will transform loyalty and rewards — moving beyond the merchant-by-merchant siloed experience that is the hallmark of t...
Kraken Catches North Korean Hacker Posing As ‘Steven Smith’ Applying for Job at Crypto Exchange: Report
One of the world’s top crypto exchange platforms has reportedly caught a North Korean hacker with a fake identity to apply for a job at the firm. In a report by CBS News, Nick Percoco – the chief ...
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