Former Federal Deposit Insurance Corp. (FDIC) Board Member Jonathan McKernan will be nominated to serve in a post at the Treasury Department after previously being nominated to lead the Consumer Financial Protection Bureau (CFPB). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The Consumer Financial Protection Bureau (CFPB) said Friday (May 9) that it is withdrawing 67 guidance documents issued by the agency since it opened its doors in 2011. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Private credit exists as an essential part of the capital spectrum, especially for firms that cannot get, or choose not to get, traditional bank channels. The private credit firms — including venture capital companies, buyout funds, hedge funds, direct lenders and others — are in...
OpenAI CEO Sam Altman was grilled by a Democratic senator this week about his view that up to 70% of jobs could be eliminated by AI. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Relevance AI has raised $24 million in a Series B funding round to accelerate the expansion and adoption of its platform that helps companies create and deploy specialized artificial intelligence (AI) agents. Get the Full Story Complete the form to unlock this article and enjoy...
Anysphere, the maker of coding tool Cursor, raised $900 million in a new round of funding that values the San Francisco-based company at $9 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
AI startup Anthropic and tech industry groups Engine Advocacy and TechNet reportedly said in a Friday (May 9) court filing that competition in the AI field would be harmed by a Department of Justice (DOJ) proposal that would require Google to give the DOJ advance...
On Tuesday (May 13), we may see what could arguably be the calm before a stormy sea of inflation driven by volatile tariffs. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Ant International and Barclays have partnered to help businesses reduce their foreign exchange-related costs and their risks against global volatility. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
