Tag: Banking
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Two Colorado credit unions announce merger
Colorado’s Climb Credit Union and Community Choice Credit Union have announced plans to merge. The merger is pending member approval, Arvada-based Climb Credit Union said in a news release late Friday afternoon. The proposed merger will “bring together two longstanding Colorado credit unions that share a strong commitment to service, community, and helping members reach…
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Has cryptocurrency gone mainstream? Denver festival goers are banking on it
In the world of cryptocurrency, what a difference a year (and a new presidential administration) makes. At least according to John Paller, a Denver-based blockchain entrepreneur and the founder of this week’s ETHDenver, which is billed as the world’s largest Web3 festival gathering developers, entrepreneurs, and enthusiasts focused on cryptocurrencies, blockchain and decentralized technologies. Paller,…
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Federal judge weighs whether to block new law governing loans to Colorado residents
Facebook Twitter WhatsApp SMS Email Print Copy article link Save A federal judge on Thursday heard arguments from the banking industry and bank regulators about whether Colorado is exceeding its authority by subjecting out-of-state banks to Colorado’s interest rate caps on loans through a new law set to take effect on July 1. The controversy…
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Colorado’s top election official targets AI-generated ‘deepfakes’ in elections
Colorado Secretary of State Jena Griswold is targeting AI-generated “disruptors” — such as “deepfakes” — as her office prepares for this year’s elections. Griswold unveiled her legislative priorities at a time of social anxiety over “deepfakes.” This week, pornographic “deepfake” images generated by artificial intelligence and sexualizing people without their consent hit the singer Taylor Swift,…
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Unemployment rose slightly in February across Colorado
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Colorado’s unemployment rate is on a streak, staying below 3% for 10 consecutive months. The state’s seasonally adjusted unemployment rate rose by one-tenth of a percentage point, reaching 2.9%, in February according to the Colorado Department of Labor and Employment. The number of unemployed individuals…