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Banking
FDIC Review Identifies Supervision Shortcomings in First Republic Bank’s Failure
September 08, 2023

The Federal Deposit Insurance Corporation (FDIC) has identified supervision shortcomings around the failure of First Republic Bank. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Artificial Intelligence
AI Safeguards to be Focus of Congressional Hearings
September 08, 2023

The U.S. Congress is reportedly taking steps to address the potential risks associated with the rapid advancement of artificial intelligence (AI). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
This Week in AI: Deepfakes, Vertical Horizons and Smarter Assistance 
September 08, 2023

Is it Moore’s Law, or more’s law?  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree...

Artificial Intelligence
Former Google CEO Eric Schmidt Emerges as Leader on AI Policy
September 08, 2023

Eric Schmidt, the former CEO of Google, has reportedly emerged as a powerful force in the world of technology and artificial intelligence (AI). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
Ant Group Launches Specialized Large Language Model for Finance Industry
September 08, 2023

Ant Group has launched a financial large language model (LLM) and two applications that it powers in the China market. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

IPO
Report: Alibaba Delays Freshippo IPO Due to Weak Demand
September 08, 2023

Alibaba Group Holding has reportedly decided to delay the potential initial public offering (IPO) of its grocery chain, Freshippo, in Hong Kong due to weak sentiment for consumer stocks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
British Neobank Zopa Raises $93 Million to Fuel Growth
September 08, 2023

British neobank Zopa Bank has raised 75 million pounds ($93 million) to fuel its “continuous growth and expansion.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Investments
Report: Getir to Raise $500 Million in Funding Round
September 08, 2023

Turkey-based grocery delivery company Getir is reportedly raising $500 million in a new funding round. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Banking
Grace Periods, Proactive Approaches Help Consumers With Overdrafts and Account Management
September 08, 2023

The data show that 20% of individuals have overdrawn their accounts in the past year as they grapple with the demands of inflation, of timing cash flows with their monthly bills and everyday spend. Get the Full Story Complete the form to unlock this article...