CFPB
Synapse Faces CFPB Over Fund Reconciliation Gaps
August 22, 2025

The Consumer Financial Protection Bureau’s Thursday (Aug. 21) lawsuit against Synapse Financial Technologies highlights the accurate tracking and reconciliation of consumer funds within the evolving FinTech landscape. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

artificial intelligence
This Week in AI: AI Bubble Fears Tank Tech Stocks
August 22, 2025

Some of the biggest names in tech, including Google, Amazon, and Apple, saw their stocks battered this week amid fears that the artificial intelligence (AI) revolution has turned into a dangerous bubble. Read more in the PYMNTS weekly roundup of AI news. Get the Full...

Bank Regulation
Banks Petition OCC to Abandon State-Level Regulation
August 22, 2025

U.S. banks are reportedly lobbying for national standards that would limit the ability of states to make their own rules for the industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
OpenAI Says Elon Musk Wanted Mark Zuckerberg to Join Acquisition Attempt
August 22, 2025

OpenAI reportedly said in a Thursday (Aug. 21) court filing that Tesla, SpaceX and X CEO Elon Musk sought financing arrangements or investments from Meta founder, Chairman and CEO Mark Zuckerberg for his $97.4 billion bid for OpenAI. Get the Full Story Complete the form...

Bank Regulation
Small Banks Brace for Big Bills in Open Banking Reset
August 22, 2025

With the Consumer Financial Protection Bureau reopening its open banking rule under Section 1033, the central questions over who pays for what data and how much it will cost banks and FinTechs will spark ferocious debate. Get the Full Story Complete the form to unlock...

Shipping
Tariffs Freeze EU Shipments to US
August 22, 2025

German carriers Deutsche Post and DHL Parcel Germany will stop some shipments to the United States after Friday (Aug. 22) due to new U.S. customs regulations implemented in response to an executive order suspending the de minimis exemption. Get the Full Story Complete the form to unlock...

Cryptocurrency
EU Accelerates Digital Euro Efforts, Spurred by US Stablecoin Law
August 22, 2025

The European Union is reportedly speeding up its efforts to launch a digital euro, in part by considering the use of a public blockchain rather than a private one. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

SMBs
Main Street Shrugs at Tariffs, Banks on Growth
August 22, 2025

It seems like a massive disconnect. But for the payments industry, it’s an opportunity. 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...

Real-Time Payments
Real-Time Payments Threaten Wire Dominance
August 22, 2025

Real-time payments are moving beyond speed. With networks raising transaction ceilings, companies are beginning to treat instant transfers as a tool for high-value use cases once reserved for slower rails. The speed that has transformed consumer-facing transactions, such as disbursements, now is a valuable hallmark...