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News & Trends

Banking
The Fed Reportedly Backing Off Tougher Capital Requirements

The tougher capital requirements the government had planned for banks may not be...

11 mins ago
artificial intelligence
UK Wants More Transparency Into AI Models

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

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

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

2 hours ago
artificial intelligence
OpenAI Bosses: We Take Safety 'Very Seriously'

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

3 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