UK’s FCA Proposes That Payments Firms’ Client Assets Be Held on Trust
UK’s FCA Proposes That Payments Firms’ Client Assets Be Held on Trust
September 25, 2024  |  Regulation

The United Kingdom’s Financial Conduct Authority (FCA) proposed requiring payments and eMoney firms to participate in a client assets (CASS) system in which funds and...

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FBI Reportedly Investigating Hone Capital’s Connections to China
FBI Reportedly Investigating Hone Capital’s Connections to China
September 25, 2024  |  Security & Fraud

The FBI is reportedly investigating a Silicon Valley venture capital group’s ties to China. Get the Full Story Complete the form to unlock this article...

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Klarna Teams With Xero on BNPL for Small and Microbusinesses
Klarna Teams With Xero on BNPL for Small and Microbusinesses
September 25, 2024  |  Buy Now Pay Later

Klarna and Xero partnered to enable the users of Xero’s small business platform to offer their customers a buy now, pay later (BNPL) option. Get...

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CellPoint Debuts Alternative Payments Hub for Travel Merchants
CellPoint Debuts Alternative Payments Hub for Travel Merchants
September 25, 2024  |  Travel Payments

CellPoint Digital has launched a suite of alternative payment methods for the travel sector. Get the Full Story Complete the form to unlock this article and...

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Amex: Restaurant Sector Digital Payment Innovation Helps Meet Diner Demands
Amex: Restaurant Sector Digital Payment Innovation Helps Meet Diner Demands
September 25, 2024  |  Restaurant innovation

The restaurant industry is undergoing a digital transformation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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36% of Gen Z Pick FinTechs Over Banks for Online Payments
36% of Gen Z Pick FinTechs Over Banks for Online Payments
September 25, 2024  |  Banking

As digital solutions become more widely adopted, traditional financial institutions (FIs) face an escalating challenge from agile FinTech competitors. Younger consumers gravitate toward personalized financial...

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OpenAI Begins Rollout of Advanced Voice to All Plus and Team Subscribers
OpenAI Begins Rollout of Advanced Voice to All Plus and Team Subscribers
September 24, 2024  |  artificial intelligence

OpenAI is rolling out its Advanced Voice to all Plus and Team users in the ChatGPT app this week. Get the Full Story Complete the...

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CFPB Publishes First Application From Potential Open Banking Standard-Setter
CFPB Publishes First Application From Potential Open Banking Standard-Setter
September 24, 2024  |  Bank Regulation

The Consumer Financial Protection Bureau (CFPB) is inviting public comments on the first application from an organization seeking recognition as an open banking standard-setter. Get...

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Prosecutors to Consider Companies’ Use of AI When Assessing Compliance Programs
Prosecutors to Consider Companies’ Use of AI When Assessing Compliance Programs
September 24, 2024  |  artificial intelligence

Companies’ use of artificial intelligence (AI) is one of the things prosecutors will look at when assessing their compliance programs during investigations of criminal offenses...

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