PYMNTS News

Treasury Announces 2-Year Delay of AML/CFT Rule for Investment Advisers

Treasury Announces 2-Year Delay of AML/CFT Rule for Investment Advisers
Treasury Announces 2-Year Delay of AML/CFT Rule for Investment Advisers
July 21, 2025  |  Legal & Regulation

The Treasury Department plans to delay for two years the implementation of a new anti-money laundering rule focused on investment advisers while one of its...

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Open-Source AI Just Got a Power Boost From Meta and AWS
Open-Source AI Just Got a Power Boost From Meta and AWS
July 21, 2025  |  Artificial Intelligence

Two longtime tech rivals are teaming up to boost adoption of open-source artificial intelligence (AI): Amazon Web Services (AWS) and Meta. Get the Full Story...

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Third Straight Conference Board Drop Flags Recession Risk for Credit Portfolios
Third Straight Conference Board Drop Flags Recession Risk for Credit Portfolios
July 21, 2025  |  Economy

The Conference Board Leading Economic Index (LEI) for the U.S. declined by 0.3% in June, following a flat reading in May (revised upward from an...

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Circle, FT Partners Locked in Legal Fight Over Advisory Fees
Circle, FT Partners Locked in Legal Fight Over Advisory Fees
July 21, 2025  |  Legal & Regulation

A dispute between stablecoin issuer Circle and financial advisory firm Financial Technology Partners (FT Partners) reportedly spilled into the courts, with the companies engaged in...

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Trump Media Says Bitcoin Treasury Holdings Reach $2 Billion
Trump Media Says Bitcoin Treasury Holdings Reach $2 Billion
July 21, 2025  |  Cryptocurrency

Trump Media and Technology Group said Monday (July 21) that it has accumulated $2 billion in bitcoin and bitcoin-related securities and allocated $300 million of...

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Robotics Companies Land $3.5 Billion to Improve Food Delivery
Robotics Companies Land $3.5 Billion to Improve Food Delivery
July 21, 2025  |  Delivery

Robotics companies focused on food delivery have gotten roughly $3.5 billion in investments since 2019, The Wall Street Journal (WSJ) reported Monday (July 21), citing...

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GENIUS Act Makes Stablecoins Business-Ready
GENIUS Act Makes Stablecoins Business-Ready
July 21, 2025  |  Cryptocurrency

The regulatory momentum around stablecoins has led to the first tangible piece of successful crypto policy in the U.S., the GENIUS Act which President Trump...

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Clover Teams With Rectangle Health for Healthcare
Clover Teams With Rectangle Health for Healthcare
July 21, 2025  |  Healthcare

Clover plans to launch a payments platform designed for small- to medium-sized healthcare providers, including those in primary care, dental services and behavioral health, in...

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