Mastercard said the widespread adoption of central bank digital currencies (CBDCs) faces challenges due to consumer comfort with traditional forms of money. CBDCs would have...
European Central Bank President Christine Lagarde said the European Union (EU) needs a “European SEC” that will replace the region’s currently fragmented supervision with a more top-down approach...
Amazon is reportedly set to make hundreds of job cuts in its Alexa division. The move is part of the company’s efforts to focus on...
France is vying to host the European Union’s anti-money laundering (AML) agency, with French Finance Minister Bruno Le Maire presenting Paris as an ideal location...
Canadian payments processor Nuvei is reportedly set to acquire Australian PayTech company Till Payments for 47 million Australian dollars (about $30.5 million). Nuvei’s acquisition of...
Bold Commerce, a checkout company for omnichannel retailers and direct-to-consumer (DTC) brands, has partnered with Link Money, an open banking payment platform, to enhance payment options...
OpenAI is reportedly looking into ways to bring its popular generative artificial intelligence (AI) ChatGPT chatbot into classrooms. The company plans to form a team...
Wells Fargo is reportedly grappling with regulatory obligations to enhance its monitoring of financial crime. Regulators have issued formal orders to Wells Fargo, instructing the bank...
Positive customer response to value and convenience contributed to third-quarter results that outperformed expectations at Ross Stores. The off-price retailer released its third-quarter earnings Thursday (Nov....