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Monzo offers 'do's and don'ts' for using AI in job applications

With AI tools such as ChatGPT now firmly embedded in the mainstream, Monzo has put together a list of 'Do's and don'ts' for using the technology when applying for a job with the digital bank.

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Cybercriminal J.P.Morgan brought to justice

A prolific cybercriminal operating under the online monicker J.P.Morgan has been arrested following a co-ordinated international police investigation.

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Russia cancels AmEx subsidiary's banking licence

Russia's central bank has cancelled the licence of American Express's subsidiary in the country, at the payment company's request, according to Reuters.

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Mastercard taps open banking for streamlined lending

Mastercard has boosted its open banking programme, making it easier for Americans to secure loans by streamlining income and employment verification processes.

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Monzo outage hits customer payments

Thousands of Monzo customers were left unable to make payments on Tuesday thanks to a technical problem with the digital bank's app.

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Tally, a credit card debt fintech last valued at $855 million, shuts up shop

Credit card debt payoff platfom Tally is shutting down after a nine-year timeframe that saw it raise $172 million in venture funding.

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Wise targets huge Indian remittance market

Money transfer fintech Wise is set to take on India's banks in the country's $32 billion remittance market after securing a new licence from the RBI.

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Judge orders Ripple to pay $125m penalty

Ripple has been ordered by a US judge to pay the Securities and Exchange Commission $125 million in penalties for improperly selling its XRP token to institutional investors.

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Amazon and Barclays launch co-branded credit card

Amazon and Barclays have come together to launch a perks-loaded co-branded credit card in the UK.

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HSBC pledges to retain branch numbers

HSBC has pledged not to close any more branches until at least 2026 amid politcal and regulatory pressure to maintain access to cash on UK high streets.

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Techstars cuts staff as JP Morgan-backed programme ends

Startup accelerator Techstars is cutting its workforce by 17% and killing off its $80 million JP Morgan-backed Advancing Cities programme.

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ClearBank secures Dutch banking license

British bank ClearBank has secured its European banking license from the European Central Bank, under supervision of De Nederlandsche Bank.