Anthropic commits 5% of shares to new public benefit fund
Anthropic commits 5% of shares to new public benefit fund
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Revolut Secures Sixth Global Bank License in Colombia
Revolut continued its global expansion by securing a bank license in Colombia, the company said in a Tuesday (Sept. 15) press release. The license to operate (licencia de funcionamiento) from the Superintendencia Financiera de Colombia (SFC) is the last of the regulatory requirements Revolut needs to launch as a regulated bank in the country, according…
Beneficial ownership regime’s demise removes tool for banks
Processing Content Key insight: The final rule issued Wednesday permanently exempts domestic companies and U.S. persons from beneficial ownership reporting requirements. Expert quote: “This is bad for banks … the banking industry supported the law because it makes it much easier to know your customer. How are you supposed to know your customer when they’re…
FX option expiries for 12 October 10am New York cut
There aren’t any major expiries to contend with today, with the full list seen below. There is just a measly one for EUR/USD at the 1.1225 level and while sitting roughly 15 pips above the spot price, the relatively small size of the expiries means they are unlikely to exert much influence on price action….
Exclusive: KPMG reorgs AI division to create incubator with new role reporting directly to the CEO
KPMG LLP is folding its AI, innovation and ecosystem functions into a single new unit designed to spin up AI-native businesses at start-up speed, installing a vice chair who reports directly to the firm’s chief executive to run it — a structural bet that the biggest disruption to the professional-services model in a century can’t…
Court refuses to pause Hampton Securities executive’s CIRO suspensions pending review
The sanctions come from a Canadian Investment Regulatory Organization panel. In an April 14, 2025 liability decision, the panel found he engaged in a prohibited trading practice in client and firm inventory accounts and failed to promote Hampton’s compliance with regulatory requirements as required of a UDP. A February 3, 2026 sanctions decision imposed a…
From Data to Action: How Automated Intelligence Is Changing Collections
Most businesses have no shortage of customer data. They know who their customers are, how they pay, when they tend to pay and, in many cases, exactly when a payment goes wrong. The harder question is what to do with all that information—particularly when a customer falls behind. That makes collections less of a data…
