Vaidik Trivedi
Associate Editor at Bank Automation News
Journalist @BankAutomation | formerly @investopedia @getdailybrief @paymentsdive @Debtwire | tweets - news, macro & randomness | views my own | @ColumbiaJournMA
Articles
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2 days ago |
bankautomationnews.com | Vaidik Trivedi
By Vaidik Trivedi AI is being adopted at breakneck speed within the financial services industry, introducing a new threat: shadow AI. Shadow AI is the unauthorized use of AI by an employee, Derek Holt, chief executive of IT solutions provider Digital.ai, told Bank Automation News. "Large enterprises and FIs make rules on what tech solutions [like AI] employees [...]
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2 days ago |
bankautomationnews.com | Vaidik Trivedi |Whitney McDonald
By Vaidik Trivedi, Whitney McDonald The Consumer Financial Protection Bureau's X account is gone. "This account doesn't exist," reads social media platform X, formerly Twitter, on what used to be the regulatory agency's official account. Since President Donald Trump took office Jan. 20, the CFPB has experienced sweeping changes: In April, the CFPB issued staff reduction notices to more than [...]
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3 days ago |
bankautomationnews.com | Vaidik Trivedi
By Vaidik Trivedi London-based online lender OakNorth has originated over $1 billion since making its U.S. market debut in July 2024. Small- and medium-sized businesses have flocked to OakNorth for its services, and the lender is looking to expand through the real estate market, Ben Barbanel, head of debt financing at OakNorth, told Bank Automation News. "This year, [...]
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4 days ago |
bankautomationnews.com | Vaidik Trivedi
By Vaidik Trivedi Since Donald Trump took office on Jan. 20, the Consumer Financial Protection Bureau has seen significant transformation. Actions by the Trump administration have roiled the Consumer Financial Protection Bureau (CFPB), reducing its headcount, rolling back lawsuits against major FIs and placing a freeze on new regulation. One regulation that may be revisited is Section 1033, [...]
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1 week ago |
bankautomationnews.com | Vaidik Trivedi
By Vaidik Trivedi As tariff-related pressures mount, HSBC is launching a trade financing and payments solution to help businesses conduct cross-border trade. Businesses across economic sectors including electronics, pharmaceuticals and apparel are choosing a wait-and-see approach, Ajit Menon, managing director and U.S. head of global trade solutions at HSBC, told Bank Automation News. "Every client irrespective of size [...]
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RT @unusual_whales: BREAKING: Trump announces he would sign a ban on Congressional stock trading.
RT @gurgavin: CHINESE EV GIANT BYD JUST REPORTED EARNINGS REVENUE ¥170.36 BILLION ( UP 36% YoY) NET PROFIT ¥9.15 BILLION ( UP 100% YoY)…
Diplomacy and covert operations > brute military attacks and war The nation is on the cusp of being a super power - a war will give the West a lot of ammo to create hurdles in that (their hypocrisy will show tho) I hope India avoids direct military conflict
India will identify, track and punish every terrorist, their handlers and their backers. We will pursue them to the ends of the earth. India’s spirit will never be broken by terrorism. https://t.co/sV3zk8gM94
