Cryptocurrency wallet SecondFi is shuttering after an attack drained $2.4 million from its users. 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...
Banks and FinTechs are racing to put AI agents to work. The agencies that police them are doing the same thing. The U.K. Financial Conduct Authority is embedding artificial intelligence across supervision and enforcement as it prepares to absorb about 60,000 additional businesses into its...
Capital One and Synchrony earnings results this week highlight a consumer credit market that is becoming more segmented: lenders are drawing finer distinctions within credit tiers, millions of new accounts are still being opened and card products are increasingly being matched to both a borrower’s...
Blockchain industry organization The Digital Chamber filed a lawsuit Tuesday (July 21) asking the court to halt the state of Illinois’ planned tax on digital asset business activity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Robinhood is reportedly revamping its platinum card in response to customer complaints about its perks. 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...
State lawmakers are intensifying their scrutiny of the fees consumers encounter at checkout, pursuing measures that range from restrictions on credit and debit card surcharges to broader “junk fee” disclosure mandates and limits on interchange fees. Get the Full Story Complete the form to unlock...
Connecticut is turning the fine print of artificial intelligence subscriptions into a consumer protection issue, placing new obligations on providers that change model access, usage limits or product features after customers sign up. Get the Full Story Complete the form to unlock this article and...
Companies are pouring more money into private jets, personal drivers, home surveillance and cyber defenses to protect senior leaders. But few can say exactly how much risk that spending removes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Santander’s digital transformation and targeted deployment of artificial intelligence helped it achieve record profits in the first half, the bank said in a Wednesday (July 22) earnings release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
