What’s Hot

Follow the popular trending news, topics, and video on PYMNTS.com
FSB Unveils ‘Same Activity Same Risk’ Crypto Rules
FSB Unveils ‘Same Activity Same Risk’ Crypto Rules
July 17, 2023  |  Cryptocurrency

Same activity, same risk, same regulation. That’s the guiding principle behind the proposed regulatory framework for cryptocurrency released by the Financial Stability Board (FSB) on  Monday (July 17)....

READ MORE >
Wix to Add AI-Powered Tools for Building and Managing Websites
Wix to Add AI-Powered Tools for Building and Managing Websites
July 17, 2023  |  Technology

Wix will soon launch several artificial intelligence (AI)-powered tools for building, designing and managing business websites. The upcoming features that will soon join the company’s...

READ MORE >
Australia’s NAB Bars Payments to ‘High Risk’ Crypto Exchanges
Australia’s NAB Bars Payments to ‘High Risk’ Crypto Exchanges
July 17, 2023  |  Banking

National Australia Bank is blocking some cryptocurrency payments amid a nationwide wave of crypto scams. The bank (NAB) on Monday (July 17) announced it was introducing new customer...

READ MORE >
Regional Banks Face ‘Challenging’ Outlook as Deposits Dwindle
Regional Banks Face ‘Challenging’ Outlook as Deposits Dwindle
July 17, 2023  |  Banking

Regional banks are set to report earnings this week, and the news may not be good. As Bloomberg News noted in a report Monday, some of these...

READ MORE >
Raisin Predicts Deposit Base Will Grow to $56 Billion
Raisin Predicts Deposit Base Will Grow to $56 Billion
July 17, 2023  |  Banking

German FinTech Raisin is reportedly banking on a shift among lenders to alternative funding sources. The savings and investment platform anticipates that deposits for which...

READ MORE >
Report: Character.AI Plans New Funding Round to Build Revenue Cushion
Report: Character.AI Plans New Funding Round to Build Revenue Cushion
July 16, 2023  |  artificial intelligence

Artificial intelligence (AI) startup Character.AI is pursuing another funding round. That’s according to a report Saturday (July 15) by The Information, which cited a source with direct...

READ MORE >
Binance CEO Confirms Job Cuts but Disputes Numbers
Binance CEO Confirms Job Cuts but Disputes Numbers
July 16, 2023  |  Cryptocurrency

Binance has reportedly cut 1,000-plus jobs in recent weeks while also dealing with a wave of executive departures. Those layoffs were reported Friday (July 14) by Reuters, and...

READ MORE >
Homeowners Turn to HELOCs as Mortgage Rates Rise
Homeowners Turn to HELOCs as Mortgage Rates Rise
July 16, 2023  |  Consumer Finance

 American homeowners are reportedly living in the age of the HELOC. That stands for home equity line of credit, which — as a Saturday (July...

READ MORE >
Musk: Twitter Still Cash Negative as Ad Revenues Plunge 50%
Musk: Twitter Still Cash Negative as Ad Revenues Plunge 50%
July 16, 2023  |  Social Commerce

Twitter’s owner says the platform has yet to see a positive cash flow. In a Twitter conversation Saturday (July 15), Elon Musk said the company...

READ MORE >