Banking regulators have begun asking banks about their use of artificial intelligence during routine bank examinations, Reuters reported Friday (June 12), citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Square Financial Services (SFS), a wholly owned subsidiary of Block, has launched a deposit tier that pays a higher APY to Square sellers who maintain a daily balance of $10,000 or more in their Square Savings account. Get the Full Story Complete the form to...
Barclays is buying GoHenry, the U.K. money management platform for children ages 6 to 18, in a deal that positions the bank to capture customers before they ever open their first adult account. Get the Full Story Complete the form to unlock this article and...
Watch more: Need to Know With Mastercard’s Pratik Khowala 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,...
Financial institutions once competed on branch networks, interest rates and, later, mobile apps. 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....
Two years ago, a shopper researching a new pair of running shoes might have started on Google, clicked through a few retailer websites and eventually checked out on Amazon. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Instant payouts may be more than a faster way to move money. For banks, they could become a new front door for deposit growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Oracle has discovered a vulnerability in some of its PeopleSoft software that is remotely exploitable without authentication and can result in remote code execution if exploited by hackers, the company said in a Wednesday (June 10) security alert. Get the Full Story Complete the form...
Google cut its entry-level AI subscription from $7.99 to $4.99 a month this week. OpenAI is weighing significant reductions to what it charges for AI access, Reuters reported, in anticipation of similar moves from Anthropic. Get the Full Story Complete the form to unlock this...
