A Financial Crimes Enforcement Network (FinCEN)-observed pilot is testing whether completed customer verification work can be documented in standardized records and evaluated by other financial institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
The Federal Deposit Insurance Corporation is considering an industry-led standards organization that could certify FinTech companies and other bank service providers against common risk-management benchmarks, potentially reshaping how banks vet and oversee outside partners. Get the Full Story Complete the form to unlock this article...
British neobank Monzo was sending customers to its backup bank Wednesday (Aug. 19) morning as it dealt with an outage. 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 robots aren’t just coming. They are already here, across factory floors and logistics yards. 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,...
Automated global broker Interactive Brokers (IBKR) has integrated Paysafe’s SafetyPay to enable eligible IBKR clients in Latin America to fund their IBKR accounts directly from personal bank accounts in local currencies, IBKR said in a Tuesday (Aug. 18) press release. Get the Full Story Complete...
New Goldman Sachs research suggests industries with greater artificial intelligence (AI) exposure could be rethinking their hiring options. 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...
The Food and Drug Administration is considering whether some generative artificial intelligence medical devices should have to demonstrate competence much as physicians do before treating patients. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Mexico is launching a campaign to steer citizens from cash to digital payments, the Financial Times reported Wednesday (Aug. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Amazon hopes to offer drone deliveries in nearly 500 U.S. communities by year-end. 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...
