Shopify now enables browser agents to check out on the websites of all its eligible merchants, Gil Greenberg, staff product manager, checkout at Shopify, wrote in a Monday (Sept. 28) article on LinkedIn. Shopify already enabled agents to search products, browse collections and add items...
When regulators closed Nano Banc on Friday (Sept. 25), among the details in the Federal Deposit Insurance Corp.’s announcement that stood out: Nano had a sole branch. The Irvine, California, commercial bank had reported $686 million in deposits and $736 million in assets as of...
Modulate has raised $25 million to continue developing its “audio-native” AI models. The new funding, announced Monday (Sept. 28), comes as the company is seeing its artificial intelligence (AI) models increasingly used in areas like fraud prevention, voice AI agent supervision, trust and safety, and customer experience....
Valley Bank is set to acquire Bluevine, a digital banking platform for small businesses. The $340 million deal is designed to help Valley with its efforts to strengthen its funding base, expand its small business franchise, and accelerate its digital and artificial intelligence (AI) strategy,...
BNY has debuted a solution that lets banks send cross-border payments to retail digital wallets. The Pay-to-Wallet capability combines the bank’s global payments capabilities to support cross-border bank-to-wallet payments across approved markets and corridors, BNY said in a Monday (Sept. 28) news release. “Digital wallets are becoming...
Ebanx has teamed with NetEase Games Club to expand payment access for Latin America’s video game community. “Latin America is one of the fastest-growing video game markets in the world, yet millions of its players have long faced barriers to purchasing content because of how...
Swift has launched an effort designed to make consumer cross-border payments as easy as domestic transactions. “Today, millions of consumers use systems such as Bizum, PayID from AP+, and Pix to send money quickly and easily within their own markets without needing to know the recipient’s...
Elon Musk wants xAI’s Grok chatbot to serve as users’ financial assistant. “Grok Bot now connects to your finances,” the artificial intelligence company wrote Saturday (Sept. 26) on X, another Musk company. “Link your bank, card, and investment accounts with the new Finance integration, then ask Bot to help manage...
Senior scientists from Anthropic, OpenAI and Microsoft are calling on policymakers to embed auditors in frontier artificial intelligence companies and set “concrete safety requirements” for continued development of the technology. Anthropic Co-Founder Jack Clark, OpenAI Chief Scientist Jaku Pachocki and Microsoft Chief Scientific Officer Eric...