Banking regulators are warning that frontier AI models could threaten the financial system. The European Systemic Risk Board (ESRB) and Bank of England (BOE) both issued...
For many financial institutions, the biggest opportunity in debit is hiding in plain sight. “The Hidden P&L of Legacy Debit,” the latest edition of PYMNTS...
FinTechs are treating banking licenses as strategic infrastructure. Klarna’s decision to apply to establish Klarna Bank USA, a Utah-chartered industrial bank, illustrates that shift. The...
Digital assets began with the idea that trust could be engineered out of the system. The current regulatory trajectory in the U.S. now suggests something...
Russia’s biggest bank reportedly plans to offer a crypto wallet and digital depository this year. That’s according to a report Monday (July 6) from CoinDesk, which says...
Klarna has become the latest FinTech aiming to become a regulated U.S. bank. The Swedish company announced Monday (July 6) that it had applied to the Utah Department...
British regulators are calling for tougher AI rules amid the rise of agentic banking services. “AI will reshape consumer financial journeys, with people increasingly delegating...
Watch more: How Banks Build Trust in AI Agents Enterprise AI has spent the last two years proving it can summarize documents, answer questions and...