May 16, 2023
Washington Races to Develop and Implement Effective AI Policy

Generative artificial intelligence (AI) has captured both the public imagination and lawmakers’ attention. Sam Altman, co-founder and CEO of OpenAI, the bleeding-edge company behind the buzzy ChatGPT, is making his first appearance...

May 16, 2023
Microsoft’s ‘General Artificial Intelligence’ Claims Spark Debate

Microsoft says its artificial intelligence (AI) can reason the way humans do. Some AI experts say they are dubious. That’s according to a report Tuesday (May 16) by The New...

May 16, 2023
Growing Online Payments Fraud Puts Retailer Data Security in the...

PYMNTS asked business leaders for their take on how to plan for the rest of 2023 and what they are telling their teams to focus on. Mario Shiliashki, Global Payments...

May 16, 2023
Instant Payments to Put an End to Cashier’s Checks at...

Real estate, put simply, often involves the largest transaction that any of us as individuals ever tackle. Cheryl Gurz, vice president of product management for The Clearing House (TCH), told PYMNTS that...

May 16, 2023
Pay.UK Says Controlling UK’s Payments Fraud Epidemic Needs More than...

Over £1.2 billion ($1.5 billion) in the U.K. was stolen through authorized and unauthorized financial fraud in 2022, according to a recently published UK Finance report. And while that amounts to...

May 15, 2023
CFPB’s Small Business Lending Rules Headed for More Scrutiny on...

Small business lending’s new data-driven approach may be headed for more scrutiny on Capitol Hill. To that end, Rep. Maxine Waters (California), the top Democrat ranking member on the House...

May 15, 2023
FinTech Issuers Admit to Making Moving Money In and Out...

Money mobility — a measure of how fast and frictionless it is to send and receive money to and from accounts — is becoming common payments parlance as the practice...

May 15, 2023
7 Companies Declare Bankruptcy Over Weekend in 15-Year Record

At least seven companies declared bankruptcy in the last 48 hours, a reported 15-year record. Among the firms seeking Chapter 11 protection were digital media group Vice Media and —...

May 15, 2023
Italy Earmarks €30M To Protect Workers From AI Replacements

The Italian government has allocated 30 million euros ($33 million) to enhance the skills of unemployed individuals and workers who may face job insecurity due to automation and artificial intelligence....