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Stablecoins Take Aim at Cash Locked in Prefunding
Stablecoins Take Aim at Cash Locked in Prefunding
October 16, 2026  |  Cryptocurrency

Cross-border payments carry a working capital cost before money reaches the recipient. Payment providers frequently need funds available in advance to make payouts in other...

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Regions Bank Says AI Cybersecurity Drives Up Costs 1.5% to 3.5%
Regions Bank Says AI Cybersecurity Drives Up Costs 1.5% to 3.5%
October 16, 2026  |  Earnings

Regions Financial Corp., parent company of Regions Bank, expects the cost of cybersecurity to increase its adjusted noninterest expense by between 1.5% and 3.5% for full-year...

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FTC Subpoenas AI Companies Over Security Breaches
FTC Subpoenas AI Companies Over Security Breaches
October 16, 2026  |  Legal & Regulation

The Federal Trade Commission (FTC) on Wednesday (Oct. 14) sent civil subpoenas to OpenAI and Anthropic seeking documents related to a series of recent safety...

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Apple, Meta Team Up to Put Big AI on Desktops 
Apple, Meta Team Up to Put Big AI on Desktops 
October 16, 2026  |  Artificial Intelligence

A Meta and Apple partnership wasn’t on anyone’s 2026 bingo card. On Thursday (Oct. 15), the two companies, who spent most of a decade fighting...

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Equifax Equips Lenders With Mastercard Open Finance Insights
Equifax Equips Lenders With Mastercard Open Finance Insights
October 16, 2026  |  Consumer Finance

Equifax now offers consumer-permissioned financial insights enabled via Mastercard Open Finance alongside the Equifax consumer credit file, the company said in a Friday (Oct. 16)...

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Circle Targets 40 New Markets to Capture Surging Stablecoin Demand
Circle Targets 40 New Markets to Capture Surging Stablecoin Demand
October 16, 2026  |  Cryptocurrency

Stablecoin issuer Circle plans to enter 40 new markets around the world, Circle CEO and Chairman Jeremy Allaire told Reuters in a report posted Friday...

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Truist Shifts Investment Toward Deposits and Digital Banking
Truist Shifts Investment Toward Deposits and Digital Banking
October 16, 2026  |  Banking

Truist exited its third quarter with higher deposits, continued growth in consumer spending and stable underlying credit quality. An earnings call Friday (Oct. 16) indicated...

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AI Shopping Agents Force Retailers to Rethink Customer Access and Payment Controls
AI Shopping Agents Force Retailers to Rethink Customer Access and Payment Controls
October 16, 2026  |  Retail

Artificial intelligence (AI) shopping agents are forcing online retailers to reconsider how they attract customers, authorize payments and protect their relationships with shoppers, as technology...

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Tencent Confirms Third-Party AI Agents Targeted Alibaba Systems
Tencent Confirms Third-Party AI Agents Targeted Alibaba Systems
October 16, 2026  |  Cybersecurity

Tencent’s artificial intelligence unit, Tencent Hunyuan (Tencent Hy), said Thursday (Oct. 15) that rogue AI agent activity covered in recent reports originated from evaluations of...

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