The Federal Trade Commission wants to use existing consumer protection law against artificial intelligence companies that present their systems as accurate but deliberately steer answers toward another goal without clearly telling users. Get the Full Story Complete the form to unlock this article and enjoy...
Stablecoins have pinned their corporate finance hopes on a straightforward proposition: better cross-border B2B payments. Traditional cross-border payments are constrained by banking hours, fragmented data and layers of intermediaries. Digital dollars, by contrast, can move continuously across programmable networks. Get the Full Story Complete the...
The technology industry’s campaign to block state regulation of artificial intelligence is losing political force as public anxiety and election-year pressures embolden lawmakers to advance new restrictions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A valid card credential may tell an issuer that an artificial intelligence agent can pay. It does not necessarily tell the issuer whether the AI agent should make this particular purchase. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
U.K. banks are increasingly using higher-risk assets as collateral with the Bank of England. 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....
The U.S. has joined the country’s tech giants in urging G20 members to relax their stance on regulation 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...
OpenAI says its upcoming Astra model is the first to meet its “Critical” cybersecurity threshold. 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,...
Artificial intelligence agents are poised to influence discovery, payment choice and transactions. But only 23% of merchants can clearly identify both AI-driven traffic and purchases today, according to findings in the PYMNTS Intelligence report “Global Digital Shopping Index: Merchant Edition,” commissioned by Visa Acceptance Solutions. Another 21%...
Know-your-customer (KYC) checks are expensive partly because a bank isn’t simply verifying an identity. Compliance teams have to collect information from documents, reconcile it across systems, investigate potential risk factors and build an auditable record explaining how they reached a decision. Incore Bank, a Swiss...