Intuit and OpenAI have joined forces in a major deal. This partnership aims to bring Intuit's financial tools to ChatGPT. The deal is worth over $100 million for OpenAI. It will help Intuit reach more users and make its services more accessible. Intuit's products like TurboTax, QuickBooks, Credit K
LevelField Financial Inc. is making waves in the financial world. They just got the okay from Illinois to buy Burling Bank. This is a big deal because LevelField wants to create a bank that works with both regular money and digital currencies like Bitcoin. But before they can celebrate, they need on
Janney Montgomery Scott, a firm owned by KKR & Co. , is making some big changes. They're in talks to sell off parts of their business. Specifically, they're looking to sell their division that advises banks and their institutional equities business. This sale is part of a larger plan to focus more o
Vanguard is making a significant move by introducing three new actively managed exchange-traded funds (ETFs). These ETFs will be overseen by experienced managers who already handle some of Vanguard's most well-known mutual funds, like Vanguard Dividend Growth. This marks Vanguard's first attempt at
Securitize, a company specializing in tokenization, has launched a new fund on the Ethereum network. This fund, called the Securitize Tokenized AAA CLO Fund (STAC), focuses on collateralized loan obligations (CLOs). These are bundles of corporate loans divided into different risk levels. The safest
SoFi Technologies is about to share its third-quarter results, and all eyes are on this online finance company. Investors and analysts are eager to see if SoFi can keep up its strong performance. SoFi's earnings report is expected to show a profit of 9 cents per share and revenue of about 895 milli
Clara Capital has hit a big milestone. They've lent over $350 million to small and medium-sized businesses. This company uses AI to make things faster and easier for both businesses and their partners. The CEO, Ryan Adwar, says their AI-first approach cuts down the time it takes to get a funding of
MrBeast, the YouTube sensation with a massive following, is making a bold step into the world of finance. He's planning to offer banking, financial advice, and even crypto services to his fans. This isn't just a side hustle; it's a serious business move. The star has filed a trademark for "MrBeast
Adrienne Harris, who led the New York Department of Financial Services (NYDFS) for four years, has decided to step down. She expressed gratitude for the opportunity to serve and highlighted the department's growth under her leadership. In her final interview, Harris backed the idea of a US-UK crypt
Anthropic has introduced a new tool called Claude for Financial Services. This is a special version of their existing Claude for Enterprise. It is designed to help financial companies work better with AI. The new tool has some extra features that make it easier to use. One big change is that it has
