Major Banks Restricting Use of ChatGPT

Major Banks Restricting Use of ChatGPT

Estimated reading time: 2 minutes Several major banks have reportedly decided to restrict the use of OpenAI’s ChatGPT chatbot by their employees, according to a report this week from Bloomberg. The banks are apparently concerned about an array of issues related to the...
Wells Fargo Settles Class Action Lawsuit for $300M

Wells Fargo Settles Class Action Lawsuit for $300M

Estimated reading time: 2 minutes Banking giant Wells Fargo has reportedly agreed to a $300 million settlement in a class action lawsuit related to the company’s alleged involvement in a collision protection insurance fraud scheme. The settlement was announced by...