There is more work to be done in modernizing the bank regulatory and supervision framework, Federal Reserve Vice Chair for Supervision Michelle W. Bowman said Tuesday (Oct. 6). In a speech delivered at the Community Banking Research Conference in St. Louis, Missouri, Bowman said that over the past two years the Fed...
A shopper who calls a CarMax store to ask about hours or whether a car is still on the lot now reaches an artificial intelligence agent first. The agent asks clarifying questions, answers what it can and hands the rest to an associate. CarMax has...
Cloud computing company Lambda is raising as much as $4 billion in a funding round that will value the company at $14.5 billion, excluding the money raised, the Wall Street Journal reported Tuesday (Oct. 6), citing unnamed sources. Lambda is raising this funding in a final round before a...
Dealer management systems house the information tied to the operation’s financial activity. Customer balances, repair orders, vendor invoices and accounting records can originate there even when the payment itself moves through a bank or another provider. More of the payment process is now being connected...
October 06, 2026
Watch more: The Digital Shift With Visa’s Pavan HS Artificial intelligence shopping agents are creating a new kind of customer at the merchant’s front door: software that may know what a consumer wants, yet arrives without many of the signals merchants have learned to trust. Pavan HS, senior director of product, agentic commerce at Visa, […]
October 06, 2026
AI may be ready to shop. Consumers are still deciding how much freedom they want to give it. “Holiday Retail’s AI Test Starts With Who Gets to Hit Buy” was produced...
October 06, 2026
Watch more: TechReg Talks With Beatrice Fares of DG FISMA and Peter Kerstens of European Commission Tokenization promises to eliminate financial market friction, but it may take new friction to...
October 06, 2026
The monthly, weekly or even annual bill is among the interactions a service provider is virtually guaranteed to have with a customer again and again. Yet consumers give the experience...
October 06, 2026
The Treasury Department’s new payment verification process stopped $175 million in payments that would have gone to deceased individuals during the past fiscal year, the department said in a Tuesday (Oct. 6) press release. That process is one of several improvements Treasury made during fiscal year 2026 to prevent fraud and improper payments, according to […]
October 06, 2026
There is more work to be done in modernizing the bank regulatory and supervision framework, Federal Reserve Vice Chair for Supervision Michelle W. Bowman said Tuesday (Oct. 6). In a speech delivered at the Community Banking...
October 06, 2026
Cloud computing company Lambda is raising as much as $4 billion in a funding round that will value the company at $14.5 billion, excluding the money raised, the Wall Street Journal reported Tuesday (Oct....
October 06, 2026
Anthropic expanded its Claude Startups program to more founders, the company said via its Claude account in a Tuesday (Oct. 6) post on social platform X. The Claude Startups program...
