1h ago
FIS opens AML investigations agent to US banks on October 18, 2026
FIS has made its AML Investigations Agent commercially available to US banks, including institutions that are not its core clients. The agent assembles investigation evidence alongside customer context, links every output to a source record and cannot close a case without analyst confirmation. Design partner Amalgamated Bank projects cuts of more than 90 percent in Level 1 alert review, about 98 percent in Level 2 case work and more than 80 percent in suspicious activity report drafting, figures drawn from the bank's own workflow analysis rather than live use. FIS cites US anti-money-laundering operations spending of $35bn to $40bn a year and industry false positive rates of 90 to 95 percent.
1h ago
3h ago
Anthropic Commits Billions to 'Public Benefit Fund'
AI company Anthropic said on Sunday it plans to set up a charitable LLC called the 'Anthropic Public Benefit Fund,' with company stock as its sole asset. The fund would receive larger stakes as the company grows, starting with an initial commitment of 5% of Anthropic's shares that remains subject to shareholder approval. That 5% stake is valued at about $48 billion. The move mirrors rival OpenAI's creation of a similar nonprofit foundation in 2025.
3h ago
5h ago
Analysts single out the most bullish crypto asset to watch
CryptoQuant analyst Ki Young Ju published bullish sentiment scores for major crypto assets on October 18. BNB led at +1.5, followed by SOL at +1.3, BTC and ADA at +1.2 each, XRP at +1.1, ETH at +0.6 and UNI at +0.5. The bullish focus centered on Hyperliquid (HYPE), whose fee-driven buyback program had accumulated about $1.26 billion by mid-October and began drawing on USDC reserve earnings in October with an initial $14.58 million. Analysts set a bullish price target of $100 to $120 for HYPE.
HYPE
HYPE+0.11%
5h ago
7h ago
Pando Solana ETF Debuts on HKEX as Anza Sets Alpenglow Upgrade for Oct. 21
Solana's ecosystem expanded in several regions this week, most notably through the listing of the Pando Solana ETF on HKEX, Hong Kong's second spot SOL ETF. Anza plans to run the Alpenglow consensus upgrade on mainnet-beta on Oct. 21, cutting finality to about 150 milliseconds. In Mexico, Bitso listed Western Union's Solana-based USDPT stablecoin for direct retail trading, while the Solana Foundation signed a memorandum of understanding with the Da Nang Innovation Startup Support Centre in Vietnam. Traditional assets including AVGO, TSM and CMG, along with ZEC, also went live on Solana through the Sunrise protocol.
SOL
SOL+0.38%
7h ago
7h ago
Warren Buffett's bet on Occidental Petroleum is finally paying off
Berkshire Hathaway has completed a $9.7 billion cash purchase of Occidental Petroleum's OxyChem business, giving the oil producer room to cut debt and concentrate on its core operations. Occidental shares are up more than 50% over the past year and reached a 52-week high during that period. Its average realized crude oil price rose 32.6% year over year over the same stretch. Berkshire's first-quarter filing showed a 26.9% stake in Occidental.
7h ago