PYMNTS News

SEC Names JPMorgan Veteran Paul Knight as COO

SEC Names JPMorgan Veteran Paul Knight as COO
SEC Names JPMorgan Veteran Paul Knight as COO
July 06, 2026  |  Legal & Regulation

The Securities and Exchange Commission (SEC) is adding a new operations chief at a moment when the agency is trying to move faster on crypto,...

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Uber CEO Dara Khosrowshahi Departs Grab Holdings Board of Directors
Uber CEO Dara Khosrowshahi Departs Grab Holdings Board of Directors
July 06, 2026  |  Personnel

Seeking Alpha reported Monday (July 6) that Uber Technologies CEO Dara Khosrowshahi has stepped down from the board of directors at Grab Holdings Limited, effective...

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Google Expands AI Training to Include User-Uploaded Media to Search Tools
Google Expands AI Training to Include User-Uploaded Media to Search Tools
July 06, 2026  |  Google

Google has expanded the scope of data it collects to train its artificial intelligence models, now incorporating media uploaded by users across several of its...

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Klarna’s Bid Tests Whether FinTech Scale Needs a Charter
Klarna’s Bid Tests Whether FinTech Scale Needs a Charter
July 06, 2026  |  Banking

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. Get...

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Retailers, Platforms Seek Sales-Tax Exemptions to Bolster Resale Market
Retailers, Platforms Seek Sales-Tax Exemptions to Bolster Resale Market
July 06, 2026  |  Retail

A coalition of global fashion brands and digital marketplaces is mounting a campaign to eliminate sales taxes on secondhand clothing, according to a report June...

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Stablecoins May Need Banks More Than They Admit
Stablecoins May Need Banks More Than They Admit
July 06, 2026  |  Cryptocurrency

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...

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US Treasury Report Warns AI Bubble Could Trigger Economic Disruption
US Treasury Report Warns AI Bubble Could Trigger Economic Disruption
July 06, 2026  |  Artificial Intelligence

The U.S. Department of the Treasury has produced a draft report warning of extensive risks to the economy if the artificial intelligence market repeats what...

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White House Signals Hands-On Approach to Oversight of AI Systems
White House Signals Hands-On Approach to Oversight of AI Systems
July 06, 2026  |  Artificial Intelligence

From hands-off to hands-on. The Trump administration increasingly is taking a direct role in overseeing the release of the most powerful artificial intelligence (AI) models,...

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