The world of genetic science is vast and complex. It includes things like genetic testing, gene editing, and biobanking. These topics are not just about science. They also bring up important ethical, legal, and social questions. The National Institutes of Health is very interested in these questions. They have a major program dedicated to studying them. A tool calle...
The finance world is at a turning point with artificial intelligence. AI has been a part of finance for a long time. It started with credit scores and fraud detection in the 1980s. Since then, it has grown with machine learning and AI-powered FinTech. Today, AI is used for financial modeling, risk assessment, and underwriting. It helps in making predictions and ...
Michelle Bowman, a well-known figure in the banking world, has been chosen for a big role at the Federal Reserve. She's now the vice-chair for supervision, a position that's crucial for overseeing banks and financial institutions. This move by Donald Trump is seen as a shift towards lighter regulations, which is music to the ears of big financial players on Wall Stre...
In the fast-paced world of banking, technology has become a double-edged sword. On one hand, it drives innovation and keeps customers happy. On the other, it's causing a lot of stress for employees. This is especially true in India, where banks have been quickly adopting new tech since the COVID-19 pandemic. The result? A lot of workers are feeling the pressure, and ...
The world of finance is always changing, and the recent events have shown us that. We are talking about the Russian-Ukrainian crisis and the Silicon Valley Bank (SVB) collapse. These events have been a test for both traditional and digital assets. Let's talk about Bitcoin. Many people thought it would be a safe haven during the geopolitical crisis. But, it t...
In 2023, the crypto world faced a major shakeup. Anchorage Digital, a prominent crypto company, suddenly found itself without a bank. One day, their bank account was there, the next, it was gone. No warning, no explanation. This wasn't an isolated incident. Many crypto firms faced the same issue, a situation they dubbed "Operation Choke Point 2. 0. " The crypto indu...
Imagine, you've found your dream retirement home. It's a cozy place. Cool ocean breezes at night. You can see yourself relaxing in it. Just one day before you close the deal, the bank hits you with a surprising fee. You didn't see it coming. You couldn't find it anywhere in the paperwork. Sound unfair? It is. This exact thing happened to Linda Wetzel in 2012. S...
Imagine a world where everyone needs a bank, but not everyone can get one. This is the world of debanking, where certain people or industries are left out in the cold by banks. It's a problem that has politicians on both sides of the aisle worried. Recently, there was a big discussion on Capitol Hill about this issue. The crypto industry, which has big names...
Feeling a bit guilty about your carbon footprint? Consider picking a credit card that's actually helping the planet instead of adding to the problem. But don't go getting fancy ideas in your head, it's not all sunshine and roses. Plastic is not as bad as it was first envisioned, but there are eco-friendly cards made from recycled plastic, metal, or even wood, or fin...
In a move that sent Ripples through the financial world, UBS, the powerhouse bank of Switzerland, kicked off a buying spree this year. After delivering a jaw dropping surprise in their fourth quarter report of 2024, the bank will burn through a quarter of their treasure to repurchase shares. Otherwise, the bank booked a profit of nearly 800 million dollars(770). I...