Consumers are getting some inflation relief, at least in terms of the slowdown in price increases. They’re just not necessarily getting it on the bills that determine how much money is left at the end of the month. Get the Full Story Complete the form...
Financial regulators and banks have spent years catching artificial intelligence agent mistakes after the fact, tracing errors and assigning blame once the money has already moved. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Buffalo, New York-headquartered M&T Bank has appointed Fannie Mae veteran Kalyana Bedhu as the bank’s new head of artificial intelligence (AI) engineering, M&T Bank Chief Information Officer Linda Tai said in a Tuesday (Aug. 11) post on LinkedIn. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Financial services firms are moving rapidly to deploy artificial intelligence (AI) in compliance, communications and other business functions, but their use of the technology is raising a deceptively familiar regulatory problem: What records must they keep to prove they complied with rules written before AI...
The New York City Council launched an investigation into four prediction markets, The Wall Street Journal (WSJ) reported Wednesday (Aug. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Moneris Solutions Corp., a Canadian provider of payments and commerce solutions that is jointly owned by BMO and Royal Bank of Canada (RBC), is set to be acquired by global investment firm Francisco Partners, Moneris said in a Monday (Aug. 10) press release. Get the...
The federal government spent years building toward a centralized answer to one of banking’s oldest compliance questions: Who actually owns the company moving the money? Now, much of that answer is disappearing. Get the Full Story Complete the form to unlock this article and enjoy...
Crypto.com now enables eligible users in the European Economic Area (EEA) and other approved jurisdictions to gain exposure to U.S. equities and exchange-traded funds through the Crypto.com App, the company said in a Wednesday (Aug. 12) press release. Get the Full Story Complete the form...
Bitwise has reportedly cut 14% of its staff amid an ongoing downturn in cryptocurrency prices. 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...
