The SEC says 16 Wall Street firms have agreed to pay $1.1B in combined penalties for failing to monitor employees using unauthorized messaging apps (Jennifer Surane/Bloomberg)

Bloomberg:
The US SEC and CFTC fine 16 financial firms $1.1B and $710M in penalties, respectively, for failing to monitor employees using unauthorized messaging apps  —  US regulators reached settlements with a dozen banks in a sprawling probe into how global financial firms failed to monitor employees’ communications …

Joe Rossignol / MacRumors:
Apple Card users will be able to open a high-yield savings account from Goldman Sachs in the coming months to automatically deposit their Daily Cash  —  Get weekly top MacRumors stories in your inbox.

Jennifer Surane / Bloomberg:
PayPal reports Q3 revenue up 12% YoY to $6.85B, vs. $6.81B est., and payments volume up 14% YoY to $337B, vs. $343.2B est.; stock drops 8%+ on lower FY forecast  —  PayPal Holdings Inc. trimmed its forecast for annual revenue amid a slowdown in spending growth on its platform.  The shares fell as much as 14%.

Ingrid Lunden / TechCrunch:
Airwallex, which provides cross-border banking and other financial services for businesses, raised a $100M Series E2, bringing its total funding to over $900M  —  The economy may be showing many signs of contraction right now, but many companies still need to do business internationally.

Sharon Goldman / VentureBeat:
OpenAI releases DALL-E API in public beta, letting developers integrate DALL-E into their apps and products; the API is priced per image  —  Get ready, developers: Today, OpenAI released the hotly anticipated DALL-E API in public beta, which means developers can now integrate DALL-E directly into their apps and products.

Mike Calia / CNBC:
Kim Kardashian settles with the SEC for $1.26M after not reporting a $250K payment to promote EthereumMax on Instagram and won’t promote crypto for three years  —  – Kim Kardashian agreed to pay more than $1 million to settle SEC charges for failing to disclose a payment she received for touting a crypto asset on Instagram.