RBI issues norms for internal ombudsman in banks, NBFCs

The Reserve Bank of India has released new guidelines for internal ombudsmen in banks and NBFCs. This move aims to improve ...
Insurance Times

FOS complaint levels climbing despite Consumer Duty reforms

Insurance DataLab examines the latest Financial Ombudsman Service (FOS) complaints data to question whether Consumer Duty has ...
IEEE

Service Migration Algorithm Based on Markov Decision Process with Multiple Service Types and Multiple System Factors

Abstract: This paper proposes a Markov decision process based service migration algorithm to satisfy quality of service (QoS) requirements when the terminals leave the original server. Services were ...
theinvestor

Vietnam launches International Financial Center, pledges 'special process' to resolve investor hurdles

Vietnam on Sunday announced the establishment of its International Financial Center (IFC), with Prime Minister Pham Minh Chinh pledging to fast-track the resolution of investor difficulties through a ...
financefeeds

Verus Financial Loses FCA Licence After Moving Assets Under Restriction

Why Did the FCA Remove Verus Financial Services’ Authorisation? The UK Financial Conduct Authority has revoked all regulatory permissions held by Verus Financial Services Limited, forcing the firm to ...
CoinTelegraph

SEC clears DTCC to offer securities market tokenization service

The Depository Trust and Clearing Corporation plans to tokenize stocks, ETFs and US Treasurys next year after receiving an SEC no-action letter. The US Securities and Exchange Commission has given a ...
Government Executive

Postal Service leadership brushes off calls to pause modernization plan, as financial losses continue

The U.S. Postal Service experienced a net loss of $9 billion in fiscal 2025, as the new postmaster general continues his predecessor’s overhaul initiative that members of both parties and mail ...
WRIC

GRTC warns of severe financial shortfall by 2031, service cuts likely

RICHMOND, Va. (WRIC) — The Greater Richmond Transit Company (GRTC) is facing a severe financial shortfall by 2031 — what officials are calling a “potential financial cliff” — which could lead to ...
Wall Street Journal

Matthew McConaughey’s Writing Process Involves Tequila, Steaks and No Cell Service

If Matthew McConaughey has to do something stressful, sometimes he’ll write himself a little note that says, “Just remember you’re going to die one day.” “It’s like, oh, that’s right,” said the ...
MarketWatch

Counsel Press Acquires Firefly Legal to Accelerate Nationwide Growth in Service of Process

NEW YORK, Sept. 18, 2025 /PRNewswire/ -- Counsel Press Inc., a leader in technology-enabled litigation support, today announced the acquisition of Firefly Legal, strengthening its position in the ...
Inside Higher Ed

Education Dept. Revamps Ombudsman Office to Focus on Financial Literacy

The Department of Education said Friday that an office responsible for handling borrower complaints will now also to focus on providing students and families with information about the benefits and ...