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...
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...
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...
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...
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...
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...
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...
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 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...