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Shopping app Nate's CEO indicted for fraud, disguising human workers as AI
Former CEO of AI shopping app Nate indicted for defrauding investors by falsely claiming the app was powered by advanced AI.
Federal judge overturns CFPB rule capping credit card late fees at $8
A federal judge in Texas has nullified the CFPB’s rule capping credit card late fees at $8, citing a violation of the Credit Card Accountability and Disclosure Act of 2009.
Experts say AI may finally have its shining moment to reshape government agencies
Patrick Jacolenne, CEO of Datalogiq 360, sees AI as a tool to streamline regulatory processes and preserve agency structures post-CFPB.