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Revolut Fined €3.5 Million by Bank of Lithuania for Anti-Money Laundering Lapses

In a significant regulatory action, the Bank of Lithuania has imposed a €3.5 million ($3.8 million) fine on British fintech company Revolut for deficiencies...

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Federal Reserve Scrutinizes Credit Markets Amid Economic Uncertainty

In the face of ongoing economic volatility, the Federal Reserve remains vigilant, closely monitoring credit markets to assess the stability and resilience of the...
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MoneyLion to Be Acquired by Gen Digital: A New Chapter for the Fintech Firm

In a significant move for the fintech industry, MoneyLion, a popular digital banking platform, announced that its shareholders have voted in favor of a...

Michelle Bowman Poised to Lead Fed’s Bank Supervision Amid Questions of Political Independence

​In a significant development within the U.S. financial regulatory landscape, President Donald Trump has nominated Federal Reserve Governor Michelle Bowman to serve as the...

FNB Expands Investment Banking Footprint with Acquisition of Aqueduct Capital

In a move that signals its growing ambitions in the investment banking space, Pittsburgh-based F.N.B. Corporation is folding boutique advisory firm Aqueduct Capital Group...

Navigating the Ripple Effects of Tariffs on Cross-Border Payments

In the intricate web of global trade, President Donald Trump's recent tariff policies have introduced significant disruptions, particularly affecting cross-border payments. These tariffs, aimed...

Bank of America: Over 90% of Employees Now Using AI – The Future of Banking is Here

In an era where technology is reshaping every industry, one of the biggest players in the financial sector, Bank of America, is leading the...

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Navigating Divergent Economic Signals: Federal Reserve’s Interest Rate Dilemma

As 2025 unfolds, the U.S. economy presents a complex tapestry of indicators, leaving both market participants and economists pondering the Federal Reserve's next moves...

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