Block will pay $45 million to settle allegations from 46 states that the company misled consumers about the safety of its peer-to-peer payments app, Cash App, and failed to...
Nium has acquired Cypher to further develop Nium as the core infrastructure layer for compliant money movement and value exchange that bridges fiat and digital...
Federal securities regulators are exploring ways to encourage more companies to go public. To that end, the Securities and Exchange Commission’s Small Business Capital Formation...
A payments company owned by Trump family cryptocurrency firm World Liberty Financial is up for sale, The Wall Street Journal reported Wednesday (July 8). AI...
JPMorganChase is focusing on smaller companies as it expands its investment banking operations. The banking giant is launching a small-cap investment banking (SCIB) business, expanding...
U.S. Bank has introduced a tool to help small businesses move money faster. Enhanced Payments, announced Wednesday (July 8), is offered through the bank’s mobile app...
The Federal Reserve Board plans to amend its requirements for banks to maintain anti-money laundering (AML) programs to, among other things, require them to focus...
Meta has begun rolling out an image generation model available in Meta AI. Muse Image is the first such model developed by Meta Superintelligence Labs, the company...
Payments friction has acquired a price tag. For many finance leaders, delays caused by fraud controls, manual reviews and disconnected payments systems are not confined...