News archive.
Earlier AI news and analysis, kept for reference. Current coverage lives in News & Analysis.
Regulators now demand proof controls work, not just docs
Senior managers face personal liability if compliance controls fail. Argus Pro's Aegis Compass platform scores both maturity and effectiveness to show regulators controls actually function, not just exist on paper.
Zelle launches dollar stablecoin to enter $138B remittance market
Early Warning's Zelle is issuing ZLUSD to send money abroad, starting with India by year-end. The move puts pressure on Western Union and MoneyGram as banks enter remittances.
Two D.C. Banks Merge for $2.4B Public Listing in Q4
National Capital Bank (founded 1889) and Old Dominion National Bank are combining into a $2.4B institution planning a Nasdaq or NYSE debut. Here's why the deal structure preserves a 137-year charter.
Current Neobank Raises $80M, Eyes Profitability in 2026
Current, a fintech competing with Chime, raised $80 million at a $1.5 billion valuation and expects to reach profitability this year. The challenger bank is banking on AI and new revenue streams beyond interchange fees.
Fed's SVB Review Won't Say Who Failed, Experts Say
Three years after Silicon Valley Bank's collapse, the Federal Reserve hired Starling Trust Sciences to probe its supervisory failures. Critics worry the probe will obscure blame rather than clarify it.
Banks can't wait for AI rules. Regulators just told you why.
The Fed updated model risk rules for the first time in 15 years on April 17, explicitly excluding generative AI from formal oversight. That absence is not permission—it's a mandate to govern faster than regulations can be written.
SAP Cuts Time-to-Hire from 56 to 20 Days With AI Recruiting
SAP's SmartRecruiters platform helped JYSK process 50,000 applications monthly in 4 days instead of 28. Here's what the Fosway 9-Grid leader is building into talent acquisition.
Playground Global Closes $475M Fund Betting Hardware Over Apps
Playground Global raised $475M to back semiconductors, quantum, and energy startups—a decade-long contrarian bet that's now mainstream as AI devours compute. Here's what the firm learned investors missed.
Centene Cuts 61,000-Person Workforce Via Buyouts as Medicaid Enrollment Falls
The largest U.S. Medicaid insurer is offering voluntary separation packages to stem costs as ACA enrollment dropped 2 million. Here's what it means for employer health benefits.
75% of HR Leaders Now Hiring Only for Specialized Roles
Three-quarters of CHROs are narrowing recruitment to highly specific technical talent as general hiring shrinks. Here's why internal reskilling is becoming mandatory.
Amazon Settles Illinois Genetic Privacy Lawsuit Over Hiring Screenings
Amazon agreed to settle a class-action lawsuit alleging the company collected workers' family medical histories during pre-employment physicals in Illinois. The case exposes what HR teams must audit in their hiring forms.
BambooHR and Calendly fund holidays instead of unlimited PTO
Two major software companies are paying workers' travel costs directly instead of offering unlimited paid time off. The shift reflects a decade of data showing unlimited PTO backfires.