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News & Trends

artificial intelligence
UK Wants More Transparency Into AI Models

The U.K. is reportedly working toward greater transparency into how tech...

20 mins ago
Cybersecurity
SEC: Data Breaches at Financial Institutions Must Be Reported in...

New federal regulations give some financial institutions (FIs) a tighter deadline...

1 hour ago
artificial intelligence
OpenAI Bosses: We Take Safety 'Very Seriously'

OpenAI is trying to ease concerns following the departure of two safety...

2 hours ago
Cryptocurrency
Report: Crypto Spot Trading Slows in April

Cryptocurrency spot trading cooled last month for the first time in...

3 hours ago
Point of Sale
Lightspeed CEO on Helping Smaller Merchants Challenge Industry Goliaths

Profit is the applause a business gets from its customers. So...

2 days ago
Artificial Intelligence
AI Takes Turn as Archaeology Assistant to Uncover Ancient Commerce,...

What if Indiana Jones had been able to use artificial intelligence?...

2 days ago
Legal
DOJ Charges 2 With Money Laundering Around ‘Pig Butchering’ Scams

Two Chinese nationals have been charged with leading a scheme to...

2 days ago
Banking
Washington Federal Bank to Sell 2,000 Commercial Real Estate Loans...

Washington Federal Bank, a wholly owned subsidiary of WaFd, has disclosed...

2 days ago
Legal
Federal Regulations Remain Under Fire After Supreme Court’s CFPB Ruling

The Thursday (May 16) decision by the Supreme Court to uphold the...

2 days ago
Cryptocurrency
Report: Dolce & Gabbana Sued Over NFT Sale

Dolce & Gabbana has reportedly been sued by a customer who said...

2 days ago
eCommerce
Online Sales Recede From 2023’s Year-End Splurge

The year-end-splurge online may come as no surprise. The pullback in...

2 days ago
Artificial Intelligence
OpenAI Dissolves ‘Superalignment Team,’ Distributes AI Safety Efforts Across Organization

OpenAI reportedly effectively dissolved its “superalignment team,” which was dedicated to ensuring the safety...

2 days ago
eCommerce
How Businesses Can Navigate the AI Search Shake-Up

Google’s latest unveiling of artificial intelligence (AI)-powered search tools has sent ripples...

2 days ago
Regulation
SoLo Funds ‘Blindsided’ by CFPB Lawsuit

The Consumer Financial Protection Bureau sued SoLo Funds, alleging that the online lending platform...

2 days ago
Retail
Three-Quarters of Young Consumers Favor Click-and-Mortar™ Grocery Shopping

Millennials and Generation Z consumers are not satisfied choosing between digital...

2 days ago
Retail
Consumers Are Leaving Major Cities, Slowing Retail’s Digital Transformation

The impact of the pandemic on consumers’ geographic distribution has continued,...

2 days ago
Bank Regulation
Bill Raising Asset Thresholds for Banking Regulations Heads to House...

The House Financial Services Committee (HFSC) voted Thursday (May 16) to advance a...

2 days ago
Payment Methods
Consumers Want Payment Options That Help Manage Spending

As consumers look for simpler and more intuitive eCommerce experiences, Harvest Hosts sees...

2 days ago
Disbursements
Eisen and Checkbook Partner to Streamline Disbursements by Financial Institutions

Eisen and Checkbook partnered to help financial institutions streamline payment disbursements and ensure compliance...

2 days ago
Blockchain
Making Sense of Embedded DeFi’s Role in Web3’s Future

The Web3 space has its sights set on transforming payments and...

2 days ago
Banking
HSBC Bank USA Launches Interest-Bearing Checking Account for Businesses

HSBC Bank USA has introduced a checking account for business clients that...

2 days ago
Healthcare
High-Income Women Spend Nearly $1K on Their Own Health, Wellness...

For most women, a complex cluster of building blocks — their...

2 days ago
Investments
CoreWeave Secures $7.5 Billion to Expand AI Infrastructure

Artificial intelligence (AI) hyperscaler CoreWeave has secured a $7.5 billion debt financing facility. The...

2 days ago
Artificial Intelligence
This Week in AI: Airline Pricing, Search Boosts, Company Cash...

This week in artificial intelligence, airlines are diving into AI this...

2 days ago
Regulation
UK Antitrust Regulator Won’t Investigate Microsoft-Mistral AI Partnership

The United Kingdom’s Competition and Markets Authority (CMA) will not investigate...

2 days ago
Financial Inclusion
Self-Serve and Digital-First Channels Can Help Fix ‘Banking Deserts’

Banks have been fine-tuning their branch efforts as the pandemic recedes,...

2 days ago
Retail
Ex-Walmart US CEO Bill Simon Says Retailer Won’t Keep Affluent Shoppers

Walmart shouldn’t count on keeping the affluent customers it has recently gained,...

2 days ago
Cross-border Payments
How Compliance Is Shaping the Future of Cross-Border Payments

There are over 19,000 tax jurisdictions worldwide — any of which can change in...

2 days ago
Social Commerce
Uber Integrates Social Commerce Into Marketplace as Shoppers Seek Peer...

As consumers increasingly look for guidance from trusted friends and content...

2 days ago
Real-Time Payments
Banco Santander and Iberpay Launch International Real-Time Payments Service

Banco Santander and Iberpay have processed the first international instant transfers based on the European...

2 days ago
Retail
Amazon, Walmart Aim to Retain Lower-Income Shoppers Amid Luxury Push

Amazon and Walmart may be setting their sights on high-income consumers,...

3 days ago
Payments Innovation
Report: Heads of Payments Zero In On Customer Behavior in...

A firm’s CFO and head of payments are pivotal in its...

3 days ago
artificial intelligence
AI Takes Flight in Airline Pricing

As travelers pack their bags for summer getaways, airlines are deploying artificial intelligence (AI)...

3 days ago
Fintech Investments
FinTech IPO Index Edges Up 1.7% as Katapult Earnings Lead...

Call it the week of the platform. Earnings reports from firms...

3 days ago
Bitcoin
Bitcoin Payment Processor IBEX Pay to Suspend Services in US

Bitcoin payment processor IBEX Pay will suspend all its services in the United...

3 days ago
Partnerships
OpenAI and Reddit Partner on Data Licensing, AI-Powered Features, Advertising

OpenAI will be using Reddit content to train its artificial intelligence (AI) models. That’s one...

3 days ago
B2B Payments
Avidbank Taps CorServ to Launch New Commercial Credit Card Program

California-based Avidbank has tapped CorServ to help launch a new credit card program for...

3 days ago
AML
Treasury Department to Use ‘Automation and Innovation’ to Fight Illicit...

The Department of the Treasury has outlined the priorities it will pursue...

3 days ago