The Trump administration is considering requiring banks to collect citizenship information from both new and existing customers, The Wall Street Journal reported Tuesday (Feb. 24), citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The Federal Reserve is building artificial intelligence into its daily work to achieve operational efficiencies in payments, financial management, human resources and the financial services it provides to the U.S. Treasury, Fed Governor Christopher J. Waller said Tuesday (Feb. 24). Get the Full Story Complete...
Most people who deposited a paycheck this week, withdrew cash from an ATM, or filed a government form probably had no idea their transaction ran through COBOL. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Federal Reserve Governor Lisa Cook said in a Tuesday (Feb. 24) speech that rapid advances in artificial intelligence (AI) could pose new challenges for the central bank’s traditional tools as it fundamentally reshapes the U.S. economy. In remarks delivered at the National Association for Business...
Anthropic’s Claude is moving into the human resources, design and investment banking fields, Bloomberg News reported Tuesday (Feb. 24). 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...
Accounting-focused artificial intelligence (AI) startup Basis has raised $100 million in new funding. 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....
India-based cross-border payments company Xflow raised $16.6 million in new funding. 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...
Stripe was valued at $159 billion in a tender offer designed to provide liquidity to current and former employees, the programmable financial services company said in a Tuesday (Feb. 24) update. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The value of the luxury resale space reportedly grew to $59 billion last year. 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...
