News

Artificial Intelligence
CFOs Give External GenAI Data the Cold Shoulder, at Least for Now
February 26, 2025

If there’s a cornerstone of the finance function, it’s trust but verify. 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...

Investments
Report: Perplexity Creating $50 Million Venture Fund for AI Startups
February 25, 2025

Perplexity AI is reportedly creating a $50 million venture fund focused on U.S.-based pre-seed and seed artificial intelligence (AI) startups. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Security & Fraud
UK Fraud Reimbursement Platform Sees Slow Adoption by Financial Institutions
February 25, 2025

Banks and payment companies have been slow to adopt a new platform in the U.K. that is meant to streamline the reimbursement of consumers who have fallen victim to online fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Regulation
Robinhood CEO Vlad Tenev Says Government Regulation Good for Business
February 25, 2025

Robinhood Markets CEO Vlad Tenev reportedly said Tuesday (Feb. 25) that government regulation is good for the company’s business. 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,...

Regulation
FTC Nominee Mark Meador Says Agency Should Target Tech Censorship
February 25, 2025

President Donald Trump’s nominee for the Federal Trade Commission (FTC), Mark Meador, said Tuesday (Feb. 25) during a Senate confirmation hearing that the agency should combat companies’ overly restrictive noncompete agreements and should continue its efforts to fight censorship on tech platforms. Get the Full...

CFPB
Justice Department Says CFPB Will Be Streamlined, Not Dismantled
February 25, 2025

Justice Department attorneys reportedly said late Monday (Feb. 24) in court filings that the Trump administration plans to streamline, not dismantle, the Consumer Financial Protection Bureau (CFPB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Investments
Auditoria.AI Raises $38 Million to Grow Agentic AI for Finance
February 25, 2025

Auditoria.AI raised $38 million in a Series B funding round to grow its agentic artificial intelligence (AI) for enterprise finance teams. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Banking
BofA CEO: Over-Regulation Bars Customers From Banking System
February 25, 2025

Another big bank CEO says that claims about politically motivated “debanking” are unfounded. 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....

Regulation
9 States Consider Requiring App Store Operators to Verify Users’ Ages
February 25, 2025

At least nine states are reportedly considering bills that would require app store operators to verify users’ ages and get parental consent for minors before allowing them to download apps. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...