Federal Reserve Reports Second Year of Negative Net Income Amid High Interest Rates
Federal Reserve Reports Second Year of Negative Net Income Amid High Interest Rates
June 03, 2025  |  Economy

The Federal Reserve’s System Open Market Account (SOMA) saw its net income decline for the second year in a row in 2024 and could see...

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AI Pioneer Yoshua Bengio Launches Nonprofit to Develop Safe AI
AI Pioneer Yoshua Bengio Launches Nonprofit to Develop Safe AI
June 03, 2025  |  artificial intelligence

An artificial intelligence (AI) pioneer who has been vocal about the risks of AI has launched a nonprofit focused on developing safe AI systems. Get...

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Intuit Updates GenOS for Agentic AI Experiences for Its 100 Million Users
Intuit Updates GenOS for Agentic AI Experiences for Its 100 Million Users
June 03, 2025  |  artificial intelligence

Intuit Inc., the financial technology company behind products like TurboTax, QuickBooks and Mailchimp, has announced enhancements to its proprietary Generative Artificial Intelligence (AI) Operating System...

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PayPal Adds Physical Credit Card for In-Store BNPL
PayPal Adds Physical Credit Card for In-Store BNPL
June 03, 2025  |  Credit Cards

PayPal introduced a new physical card that enables customers to use PayPal Credit for in-store purchases. Get the Full Story Complete the form to unlock...

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AI Startups: Music Labels Push for Licensing Deals With Suno, Udio
AI Startups: Music Labels Push for Licensing Deals With Suno, Udio
June 03, 2025  |  artificial intelligence

Major record labels are reportedly in talks with AI music startups Suno and Udio to set up licensing agreements for songs used to train their...

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FinTech OatFi Raises $24 Million for B2B Embedded Financing Platform
FinTech OatFi Raises $24 Million for B2B Embedded Financing Platform
June 03, 2025  |  Investments

OatFi said it has raised $24 million in a Series A round to build a B2B credit network. Get the Full Story Complete the form...

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GoodLeap Introduces Payments Product for Contractors
GoodLeap Introduces Payments Product for Contractors
June 03, 2025  |  Payments Innovation

GoodLeap has introduced a comprehensive payments product for contractors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

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Deutsche Bank and Mastercard Partner on Pay-by-Bank Solutions in Europe
Deutsche Bank and Mastercard Partner on Pay-by-Bank Solutions in Europe
June 03, 2025  |  Partnerships

Deutsche Bank and Mastercard partnered to enable merchants across Europe to offer pay-by-bank functionality to their customers. Get the Full Story Complete the form to...

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US Government Shuns Checks as GAO Highlights $43 Billion in Card Payments
US Government Shuns Checks as GAO Highlights $43 Billion in Card Payments
June 03, 2025  |  Digital Payments

In March, President Donald Trump signed an executive order that mandated a shift away from paper checks for government-related transactions. Get the Full Story Complete...

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