News

Regulation
Federal Reserve Proposes Easing Requirements for Banks’ ‘Well-Managed’ Ratings
July 10, 2025

The Federal Reserve Board proposed Thursday (July 10) that it revise its supervisory rating framework for large bank holding companies to allow those with a “Deficient-1” rating to be considered “well managed.” Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
B2B Firms Are Betting on Time to Cash to Manage Uncertainty
July 10, 2025

The past six months have been nothing but a tariff headache for CFOs, procurement teams and enterprise back offices. 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...

Regulation
Senate Confirms Jonathan Gould as Comptroller of the Currency
July 10, 2025

The U.S. Senate voted Thursday (July 10) to confirm the nomination of Jonathan Gould to be comptroller of the currency for a five-year term. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Fintech Investments
Bilt Raises $250 Million and Expands Loyalty Program to All Housing Categories
July 10, 2025

Bilt raised $250 million and expanded its loyalty program to include all housing categories. 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...

Artificial Intelligence
AI Models: xAI Releases Grok 4 AI Models
July 10, 2025

Elon Musk’s xAI startup has unveiled the latest version of its flagship foundation artificial intelligence (AI) model, Grok 4. 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...

Artificial Intelligence
EU Publishes Final AI Code of Practice to Guide Compliance for AI Companies
July 10, 2025

The European Commission said Thursday (July 10) that it published the final version of a voluntary framework designed to help artificial intelligence companies comply with the European Union’s AI Act. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Regulation
UK Watchdog Shutters 1,600 Unlawful Financial Services Websites
July 10, 2025

The United Kingdom’s Financial Conduct Authority shuttered over 1,600 websites last year suspected of promoting financial services without permission. 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...

Payment Methods
New Fed Analysis Leverages PYMNTS Findings to Spotlight Pay by Bank
July 10, 2025

Open banking, and specifically pay by bank, promises to transform commerce by letting consumers make purchases and funds transfers directly from their accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
How B2B Payments Data Turns Customer Retention Into a Growth Strategy
July 10, 2025

Sales cycles are longer. Budgets are tighter. Customer churn is costlier than ever. 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....