PYMNTS News

CFTC Moves to Build Federal Rulebook for Crypto Exchanges After Clarity Act Fails

CFTC Moves to Build Federal Rulebook for Crypto Exchanges After Clarity Act Fails
CFTC Moves to Build Federal Rulebook for Crypto Exchanges After Clarity Act Fails
October 06, 2026  |  Cryptocurrency

The Commodity Futures Trading Commission is moving to establish a federal regulatory framework for cryptocurrency exchanges after Congress failed to enact legislation that would have...

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Lenders Find Creditworthy Borrowers Hiding in the Data
Lenders Find Creditworthy Borrowers Hiding in the Data
October 06, 2026  |  Loans

A credit file doesn’t capture every signal lenders can use to judge whether a borrower will repay. Roughly 25 million U.S. adults lack enough recent...

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AI CEOs Could Be Held Liable for Rogue Model Actions
AI CEOs Could Be Held Liable for Rogue Model Actions
October 06, 2026  |  Artificial Intelligence

Insurance companies are reportedly anticipating multimillion-dollar claims related to so-called “rogue” artificial intelligence (AI) agents. That’s according to a report Tuesday (Oct. 6) by the...

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How CFOs Are Building Approval Controls Finance Agents Can’t Break
How CFOs Are Building Approval Controls Finance Agents Can’t Break
October 06, 2026  |  Artificial Intelligence

The biggest financial risk from an artificial intelligence agent won’t come from it making numbers up. It will likely come from an agent that does...

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Global AI Hardware Demand Powers East Asia Growth Beyond World Bank Forecasts
Global AI Hardware Demand Powers East Asia Growth Beyond World Bank Forecasts
October 06, 2026  |  Artificial Intelligence

Several economies in the East Asia and Pacific (EAP) region are growing faster than expected due to their involvement in manufacturing and exporting high-tech goods...

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South Korea Says AI Helped Hackers Break Into Banks
South Korea Says AI Helped Hackers Break Into Banks
October 06, 2026  |  Artificial Intelligence

South Korea has reportedly seen evidence of artificial intelligence involvement in recent cyberattacks on banks. As the Financial Times (FT) reported, President Lee Jae Myung said...

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Plaid Launches Credit and Fraud Models Fueled by Cash Flow Data
Plaid Launches Credit and Fraud Models Fueled by Cash Flow Data
October 06, 2026  |  Consumer Finance

Plaid is adding new capabilities and artificial intelligence (AI) models to its network that powers digital finance, aiming to help financial firms with their decisions...

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DeepSeek Looks to Raise $12 Billion Ahead of IPO
DeepSeek Looks to Raise $12 Billion Ahead of IPO
October 06, 2026  |  Artificial Intelligence

Chinese artificial intelligence startup DeepSeek is reportedly close to raising $12 billion in a new funding round. That figure would surpass the company’s financing target as it...

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