Three years after the Federal Reserve launched the FedNow® Service, the instant payment infrastructure serves 1,800 financial institutions, including seven of the 10 largest banks, and reaches over half of all U.S. checking and savings accounts. Get the Full Story Complete the form to unlock...
Tilly Norwood is entirely AI generated and is about to headline her first feature film. Particle6, the London studio that created her, announced “Misaligned” on Monday (July 6)—a comedy-drama in which Norwood plays an AI being with no body, no childhood and no lived experience...
Prediction market Kalshi is reportedly eyeing a move into the derivatives space. 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 completing this...
Block will pay $45 million to settle allegations from 46 states that the company misled consumers about the safety of its peer-to-peer payments app, Cash App, and failed to provide the fraud protection and resolution required by law. Get the Full Story Complete the form to unlock this article...
Starbucks is developing in-house systems that could replace software it buys from Big Tech companies, Bloomberg News reported Thursday (July 9). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
For a generation raised on smartphones, Gen Z has embraced a budgeting habit their grandparents would recognize instantly: cash stuffing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The Federal Reserve confirmed this month that digital payments are winning the modernization battle against paper-based ones. 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...
State legislatures are rapidly moving beyond broad artificial intelligence governance to regulate one of AI’s most consequential applications: health insurance coverage determinations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Sony Bank has received conditional approval to launch a U.S.-based stablecoin bank. 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 completing...