Federal Reserve supervision should not hinder banks’ implementation of artificial intelligence (AI), because the technology can contribute to financial inclusion, Federal Reserve Vice Chair for Supervision Michelle W. Bowman said Tuesday (July 14). Get the Full Story Complete the form to unlock this article and enjoy...
Robinhood Markets is weighing the sale of between $400 million and $500 million of asset-backed securities, including a bond backed by bills for its branded consumer credit cards, Bloomberg reported Monday (July 13), citing unnamed sources. Get the Full Story Complete the form to unlock this article...
Consumer credit rarely moves in a straight line, and May’s Federal Reserve data offered a reminder that one month’s pause can support more than one interpretation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Financial regulation was built around a specific relationship: a licensed adviser who owes the client a duty of care, carries professional indemnity insurance and answers to a regulator if something goes wrong. General-purpose artificial intelligence (AI) models carry none of those obligations. They are not...
July 08, 2026
Consumer credit rarely moves in a straight line, and May’s Federal Reserve data offered a reminder that one month’s pause can support more than one interpretation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily […]
May 18, 2026
The bank app is no longer just a utility for checking balances or paying bills. Increasingly, it is becoming the control center for customer engagement, rewards visibility, spending management and...
April 24, 2026
Technology and connectivity have drawn billions of consumers and businesses into the formal financial system, but the shift from access to stability remains uneven and incomplete. Get the Full Story...
January 28, 2026
After-purchase installment plans are moving more firmly into the center of everyday payments, reshaping how banks, FinTechs and retailers compete for the same transactions. Get the Full Story Complete the...
July 15, 2026
The New York State Department of Financial Services (DFS) posted a notice of proposed rule making regarding buy now, pay later (BNPL) lenders together with the text of the proposed regulation Wednesday (July 15) and will accept public comment on the proposed regulation until Sept. 14, according to the department’s regulatory activity page. Get the Full Story Complete the form to unlock this […]
July 14, 2026
Federal Reserve supervision should not hinder banks’ implementation of artificial intelligence (AI), because the technology can contribute to financial inclusion, Federal Reserve Vice Chair for Supervision Michelle W. Bowman said Tuesday...
July 13, 2026
Robinhood Markets is weighing the sale of between $400 million and $500 million of asset-backed securities, including a bond backed by bills for its branded consumer credit cards, Bloomberg reported Monday (July...
June 08, 2026
WorkWhile has added an earning management solution designed for hourly workers to its artificial intelligence (AI)-powered labor platform. Get the Full Story Complete the form to unlock this article and...
