Fed Cuts Rate on Reserve Balances: What It Means for Banks On September 18, 2025, the Federal Reserve cut the interest rate it pays on reserve balances (IORB) to 4.15%, coinciding with its broader monetary policy
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From Breach to Backlash: Boyd Gaming & DraftKings Highlight Casino Cybersecurity Fallout in September 2025
In August, we examined how Boyd Gaming’s data breach exposed internal vulnerabilities and highlighted the need for stronger incident response plans across the casino industry. Just weeks later, the story escalated. Multiple lawsuits have followed, regulators
Continue ReadingOCC Acts to Depoliticize Debanking — What Banks Need to Know
In early September, the Office of the Comptroller of the Currency (OCC) publicly announced actions to root out “politicized or unlawful debanking,” consistent with the Administration’s executive order on “Fair Banking.” This is a critical moment
Continue ReadingCalifornia Bans Sweepstakes Casinos — What U.S. Operators Must Do Now
California’s Sweepstakes Ban: A September Wake-Up Call In September 2025, California officially outlawed sweepstakes-style casinos, closing a regulatory loophole that had allowed unlicensed “simulated gambling” operations to flourish in the state. Wikipedia The ban is scheduled
Continue Reading- FMC / U.S. Maritime Policy
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FMC’s Renewed Scrutiny in Sept 2025: What Shipping Operators Must Know
In early September 2025, the U.S. Federal Maritime Commission (FMC) entered the headlines again—with the arrival of three formal complaints under the U.S. Shipping Act alleging unreasonable shipment handling practices. Distribution-Publications, Inc. While regulatory tension is
Continue ReadingRegulators Scale Back Bank Exams in 2025: What Banks Should Know
Today, Reuters reported that U.S. financial regulators such as the OCC, Federal Reserve, and CFPB have begun canceling or postponing examinations in non-core supervisory areas—including reputation risk, climate risk, and diversity mandates—as part of a deregulatory
Continue ReadingBracing for Risk: U.S. Casinos in Late August 2025 Cybersecurity & Revenue Trends
Late August 2025 brought both encouraging signals and red flags for the U.S. casino industry. On the upside, online casino revenue in Michigan, New Jersey, and Pennsylvania surged 4.5%, hitting $742.9 million. Meanwhile, Bragg Gaming, a
Continue ReadingRed Cat’s Launch of Blue Ops Signals a New Era in Maritime Autonomy
U.S. drone manufacturer Red Cat Holdings Inc. announced the formation of Blue Ops, Inc., a new maritime division aimed at developing uncrewed surface vessels (USVs) and autonomous maritime platforms. This expansion into the maritime domain highlights
Continue ReadingCFPB to Revamp Open Banking Rules — What Banks Should Prepare For
CFPB Revises Open Banking Rules: What Banks Must Do On August 21, 2025, the CFPB formally kicked off a do-over of its open banking regulations—specifically revisiting rules under Section 1033 of Dodd-Frank that govern consumer access
Continue ReadingChina Launches New Arctic Express Container Route — Geopolitics Meets Shipping
Chinese shipping firm Haijie reportedly launched an “18-Day Arctic Express” container route traversing the Arctic. At a time when climate change is reworking navigable passages and geopolitical interests are converging in polar seas, this move is
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