Five trade groups said Thursday (June 18) that the federal banking agencies’ Basel capital proposal released in March should be altered to eliminate areas of overcapitalization and better align capital charges with risk. Get the Full Story Complete the form to unlock this article and...
Sen. Bernie Sanders (I-Vt.) has introduced a bill that would impose a one-time 50% tax on the stock of the biggest artificial intelligence (AI) companies and deposit that stock into a new sovereign wealth fund, giving the public 50% ownership of the companies. Get the Full...
Two developments this week, one in artificial intelligence (AI) and the other in financial services, underscore a reality confronting businesses across industries. Their technological capability is advancing faster than the economic models needed to support large-scale adoption. Get the Full Story Complete the form to...
The smartphone era won’t last forever, and the tech industry is spending billions to own whatever comes next. Artificial intelligence (AI) has sharpened that ambition, giving new momentum to an old dream: ambient computing that delivers information through a lens rather than a screen. Get...
Midjourney built its reputation on text-to-image artificial intelligence. 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 form, you...
Digital wallets began as a more convenient way to pay. They are now evolving into something more consequential: a platform for managing permissions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Zelle network operator Early Warning Services plans to launch a proprietary U.S. dollar-backed stablecoin as part of its strategy to expand Zelle person-to-person digital payments beyond the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Move over, Google. 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 form, you agree to receive marketing communications...
Google has introduced its plans to fend off threats from increasingly sophisticated artificial intelligence (AI) agents. 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,...
