Friday, September 15, 2023

Revolut appears to have withdrawn its application for a US banking license, after saying in 2021 that it filed a draft; it has 500K+ retail customers in the US (John Reynolds/Tech.eu)

John Reynolds / Tech.eu:
Revolut appears to have withdrawn its application for a US banking license, after saying in 2021 that it filed a draft; it has 500K+ retail customers in the US  —  Revolut, a leading UK fintech, withdraws its application for a US banking license.  Despite this, the company continues to expand its services in the US market.



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US colleges like Virginia Tech and Georgia Tech are using AI to streamline admissions; Virginia Tech says AI that scores essay questions saved ~8,000 hours (Francesca Maglione/Bloomberg)

Francesca Maglione / Bloomberg : US colleges like Virginia Tech and Georgia Tech are using AI to streamline admissions; Virginia Tech say...