OpenAI Treats Healthcare With New ChatGPT for Clinicians
OpenAI has launched ChatGPT for Clinicians, a free AI assistant for verified U.S. physicians, nurse practitioners, physician assistants and pharmacists. The service offers advanced language models that can answer complex clinical questions, automate referral letters, prior authorizations and patient instructions, and conduct real‑time, citation‑backed medical research. It also provides CME credits for research activities and optional HIPAA compliance via a Business Associate Agreement. Alongside the product, OpenAI released the HealthBench Professional benchmark to evaluate AI performance on real clinician tasks.
Treasury Chief Says Smarter AML Starts With Better Identity
Treasury Assistant Secretary Jonathan Burke told a House subcommittee that the U.S. AML framework must evolve to keep pace with faster, digital payments and sophisticated fraud. He urged a shift from volume‑driven alerts to risk‑based supervision, emphasizing better digital identity...
FedNow Fortifies Security for Instant Payments
On April 28, the Federal Reserve’s Financial Services arm will roll out a network intelligence API for FedNow participants. The tool supplies receiver‑level account data and leverages historical FedNow transactions to generate instant risk insights before payments are executed. After...
Activist Hedge Fund TCIM Pushes Voya Toward Sale
Activist hedge fund Toms Capital Investment Management (TCIM) has built a stake in Voya Financial and is urging the asset manager to either sell its entire pension and insurance business or divest the health‑insurer arm. Voya reported a $10 million operating...
FASB Wants Companies to Reveal Stablecoin Holdings
The Financial Accounting Standards Board voted to propose that companies disclose the dollar value of any stablecoins held as part of cash equivalents each fiscal year. The rule would require firms to break out material stablecoin balances alongside traditional cash‑equivalent...
Insurance Denials Meet Their Match in AI-Powered Appeals
AI startups are reshaping the healthcare appeals landscape by automating denied‑claim letters and filing processes. Claimable, founded in 2023, uses a curated large‑language model to generate appeal letters for 28 conditions and 90 treatments, charging $50 per case. The company...
Amazon and Walmart Push AI Deeper Into the Shopping Aisle
Amazon and Walmart are racing to dominate the emerging "decision layer" of retail, where AI‑driven recommendation engines, conversational agents, and dynamic pricing shape what shoppers see and buy. Walmart is pairing generative AI tools with its vast network of physical...
OnePay Adds Credit-Building Card to All-in-One Financial App
OnePay announced the Builder Card, a credit‑building product embedded in its all‑in‑one financial app. The card requires no credit check, security deposit, interest or late fees, and automatically sets aside cash from the user’s OnePay Cash balance to cover purchases...
BIS Report Warns Banking Services From Crypto Firms Carry Risk
The Bank for International Settlements warned that cryptocurrency exchanges acting as multifunction cryptoasset intermediaries (MCIs) are offering banking‑like services—such as lending and yield products—without the capital, liquidity and prudential safeguards that traditional banks must meet. The report cites the 2022...
Block and Uber Expand Partnership Across Several Global Markets
Block and Uber announced an expanded global partnership that adds Cash App Pay as a payment option on Uber rides and Uber Eats in the United States, giving Uber access to roughly 59 million monthly Cash App users. The deal also...
OpenAI Pledges $1.5 Billion to PE Enterprise AI Project
OpenAI is committing up to $1.5 billion to a private‑equity‑backed enterprise AI joint venture, beginning with a $500 million equity infusion and an option for an additional $1 billion. The partnership, valued at $10 billion, also draws $4 billion from PE firms such as TPG,...
Podcast: Inside the $9 Billion DeFi Hack That’s Shaking Crypto’s Foundations
The Kelp DAO decentralized finance platform suffered a $292 million cross‑chain restaking exploit on April 18, sparking a chain reaction that erased roughly $9 billion from the sector’s largest DeFi lending protocol. Unlike prior attacks that targeted private keys or smart‑contract bugs, the...
Synchrony CFO Flags Momentum in Spending and Credit
Synchrony Financial reported a record $43 billion first‑quarter purchase volume, a 6% year‑over‑year increase, signaling continued consumer reliance on its credit cards despite higher living costs. CFO Brian Wenzel highlighted momentum across purchase volume, new accounts, and stable credit metrics, noting...
Commercial Loans Show US Economy Defies Sluggish Forecasts
U.S. banks reported robust growth in commercial loans during Q1, signaling resilience amid inflation, policy uncertainty, and a softening consumer market. Major lenders such as Bank of America, Wells Fargo, and JPMorgan posted double‑digit commercial loan gains, while consumer loan growth...
Agentic B2B Is Here. Are Your Contracts and Invoices Ready?
Zenskar announced a $15 million financing round to expand its agentic AI capabilities for revenue automation. The article argues that most B2B contracts and invoices are still designed for human interpretation, limiting AI agents’ ability to execute financial workflows autonomously. It...