Everything You Need to Know About a K-1 Form
If you have a business partnership or corporation, you’ll likely need to file a K-1 Form for tax purposes. But you might not be familiar with how it works and how to file it.
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Anthropic Debuts ChatGPT Competitor Claude 2
Last Tuesday, July 11, the company Anthropic, which specializes in developments in the field of artificial intelligence, presented a generative AI model called Claude 2.
CFPB Fines Bank of America $250 Million Over Junk Fees
In the United States, the Consumer Financial Protection Bureau (CFPB) has imposed an obligation on Bank of America to pay more than $250 million in fines and damages to customers.
Citi Debuts Digital Platform for Commercial Banking Customers
Citi announced the launch of a digital platform that is designed for clients of a financial institution from commercial banks.
Balance Introduces Surcharge Fee Option for Credit Card Transactions
In the USA, Balance, a company that offers integrated payment solutions to consumers of financial services, announced the launch of a program for charging additional fees.
SVB Financial Sues to Recover $1.9 Billion From FDIC
The parent company of Silicon Valley Bank claims that the American banking supervisory authority owes it $1.9 billion.
Revolut US Payments Flaw Leads to $20 Million Theft
The media reported that due to shortcomings in the functioning of the Revolut payment system in the United States, criminals were able to steal money in the amount of two tens of millions of dollars.
Snapchat Reportedly Reaps Benefits From Creator Revenue-Sharing Program
Snapchat’s plan to distribute the income received as a result of the placement of advertising materials or the results of other activities to promote brand products, with content creators is likely to be effective and will bring significant benefits to the social network.
Revolut Launches Instant Cashback Rewards in US
Revolut has launched a new feature in its US app that provides instant money back.
OpenAI Makes GPT-4 Generally Available
Last Thursday, July 6, OpenAI announced the universal availability of GPT-4, its latest model of generative artificial intelligence, through its API.
KeyBank Launches Homebuyer Assistance Program for Underserved Communities
KeyBank announced the launch of a program to assist in the purchase of housing for underserved communities.
OpenAI Creates New Team to Bring Superintelligent AI Under Control
OpenAI is currently creating a new team led by Ilya Sutskever, chief Researcher and one of the co-founders of the company.
NYC Cracks Down on AI Use in Hiring Decisions
New York became the first US city to introduce regulation of the possibilities of using artificial intelligence when hiring.
Federal Judge Blocks Biden Administration Officials From Communicating With Social Media Companies
A federal judge on Tuesday, July 4, announced the establishment of a ban on the interaction of some agencies of the Joe Biden administration and senior officials with companies that own social networks.
US to Curb China Access to Cloud Services
The United States is currently preparing to impose restrictions on access to cloud computing services against Chinese companies.
Citi Says AI to Personalize Treasury and Power Data-Readiness Teams
Naveed Anwar, global head of digital platforms and data at Citi Treasury and Trade Solutions, said during a conversation with media representatives that in the current environment, treasurers and CFO need data for everything they do.
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