The Bancorp, Inc. is restructuring its loan portfolio to prioritize higher-return fintech sponsorships while exiting small business lending to free up capital for growth. The company plans to reduce costs by cutting 9% of its workforce and implementing AI-driven efficiencies, targeting $20 million in annual savings. These measures aim to improve the bank's efficiency ratio and support stronger financial performance. This strategic shift has prompted a 'Buy' rating from The Value Pendulum Investing Group.
A Utah mother, Kalie Robins, discovered that Meta AI surfaced sensitive personal information about her young daughters after she posted a video on Facebook. The AI revealed their names, birth details, deleted photos, and even attempted to pinpoint th...
Cosmos Hub's ATOM token fell 9.64% to $1.63 over a 24-hour period ending September 12, 2026, underperforming Bitcoin and Ether, which both posted gains. No confirmed event or catalyst has been identified for the sharp decline, with speculation around...
Binance's Bitcoin reserves have risen to over 693,000 BTC, the highest in nearly two years, driven by investor transfers during price rallies and concerns over scams. This surge reflects Binance's deep liquidity, making it the preferred platform for ...
Shiba Inu experienced a significant outflow of approximately 461.4 billion tokens from exchanges within 24 hours, reducing available sell-side liquidity and signaling potential bullish momentum. Despite this positive exchange flow, the price has drop...
Kahn Swick & Foti, LLC has launched an investigation into Super Micro Computer following a U.S. Department of Justice indictment against three company associates for illegally exporting servers with U.S. AI technology to China. The scheme allegedly g...
