PYMNTS
AI Forensics Takes Aim at Compliance Gridlock
Financial institutions are facing a compliance crisis as digital payments growth has created an overwhelming volume of fraud and AML alerts that exceed human analysts' capacity to ...
Financial institutions are facing a compliance crisis as digital payments growth has created an overwhelming volume of fraud and AML alerts that exceed human analysts' capacity to ...
The American Bankers Association and Bank Policy Institute are urging the National Institute for Standards and Technology to develop voluntary, technology-neutral guidance for the ...
Comptroller Jonathan Gould announced at the ABA Washington Summit that the Office of the Comptroller of the Currency (OCC) is actively seeking input from bankers and industry stake...
Digital lender Upstart has applied to federal banking regulators (OCC and FDIC) for a national banking charter. This move makes Upstart the latest fintech company to seek regulator...
Major financial institutions like JPMorgan Chase, Goldman Sachs, and Citi are launching blockchain-based platforms for institutional finance, but these corporate solutions differ s...
ANNA Money has received HMRC approval as a software provider for Making Tax Digital for Income Tax, enabling the fintech company to offer automated tax filing solutions for small b...
London's tech recruitment market is experiencing significant salary segmentation, with AI skills commanding premium compensation while traditional tech roles see stagnant pay accor...
Skipr, a Hub71-backed startup, raised $2M at a $10M valuation to develop its 'Autonomous Trust Fabric' for AI, focusing on sovereign AI platforms that give governments and enterpri...
Ledgible has partnered with Label to provide integrated CARF (Crypto Asset Reporting Framework) and DAC8 reporting solutions for digital asset businesses. This partnership aims to ...
AI startup Anthropic is challenging a Pentagon supply-chain risk designation in court, arguing it could lose billions in revenue as clients step back from using their services. The...
FDIC Chairman Travis Hill announced upcoming policy changes including clarifying that payment stablecoins are not eligible for FDIC pass-through insurance and removing restrictions...
Core inflation continues its downward trend in February, but remains above the Federal Reserve's target rate. This could keep short-term interest rates elevated, potentially puttin...
Fed Vice Chair Michelle Bowman revealed that the Kansas City Fed's approval of a limited master account for cryptocurrency exchange Kraken was part of a pilot program to test nonba...
The FDIC plans to propose rules blocking stablecoins from pass-through insurance while allowing tokenized deposits to qualify for such coverage. FDIC Chairman Travis Hill announced...
The U.S. Office of the Comptroller of the Currency (OCC) is experiencing a surge in applications for digital asset-focused national trust charters, indicating a major shift in bank...
Upstart announced plans to apply for a national bank charter, with incoming CEO Paul Gu stating they aim to launch 'the first bank built from the ground up on AI.' This move would ...
The article discusses how financial services have moved beyond AI experimentation to focus on deployment strategies for improving operations, decision-making, and productivity. It ...
Glia's 2026 benchmark report reveals that 95% of generic AI pilots in banking fail, emphasizing the critical need for industry-specific AI solutions. The report highlights that pur...
Mastercard launched Virtual C-Suite, an agentic AI experience designed to provide small businesses with executive-level insights and decision-making capabilities. This represents M...
JPMorgan has marked down the value of loans to software companies in private credit portfolios due to concerns about AI disruption affecting the software sector. This move will red...
The article explores how CFOs are leveraging AI to transform B2B payment data from traditional ledger information into actionable growth signals. It highlights the untapped potenti...
LoanDepot reported a 23% quarterly increase in loan origination volume to $8.04 billion, reaching its highest level since 2022. The company attributes these gains in part to strate...
Paribu, Turkey's leading digital asset platform, has acquired self-custodial personal finance app Clave to advance its decentralized finance strategy. The partnership aims to accel...
Temenos has achieved Microsoft's Solutions Partner certification for its Core Banking SaaS platform on Azure cloud infrastructure. This designation recognizes Temenos' core banking...
Mastercard is launching the Global Commerce Suite for Small Businesses in Hong Kong SAR, targeting banks and financial institutions. The solution aims to simplify cross-border paym...
NCR Atleos announced delivering 5.8 million additional hours of ATM availability to customers through advanced service innovation and continuous improvement. This represents a sign...
Paymentology has partnered with Chikwama Pay to launch Africa's first WhatsApp-based borderless neobank. This pan-African neobank aims to provide accessible financial services thro...
One Inc, a digital payments network for the insurance industry, has appointed Bryan Thompson as Chief Technology Officer. Thompson is described as a fintech transformation leader w...
The credit industry is shifting away from competing for 'top of wallet' positioning through traditional rewards programs like travel points and cash back offers. The article sugges...
The article examines how virtual cards are being positioned to solve business payment bottlenecks in Europe, despite the region's generally efficient payment infrastructure. It sug...
Buy now, pay later (BNPL) services are experiencing declining adoption, with usage dropping to 14% of shoppers during the recent holiday season, particularly losing momentum among ...
Embedded finance has evolved from an experimental innovation phase to operational infrastructure that must now meet CFO scrutiny on metrics like durability, governance, and ROI. Th...
Socotra has launched Socotra Assistant, marking the first generally available AI underwriting capability integrated directly into an insurance core platform. This development repre...
NOBO and Applied Blockchain completed Phase 1 of the Bank of England's Digital Pound Lab, developing a payment workflow for conditional B2B payments. The initiative aims to make cr...
Payoneer has partnered with FundPark to provide financing solutions for e-commerce businesses incorporated in Hong Kong. The collaboration aims to broaden access to funding for eli...
Ontop, a global workforce payments platform, has partnered with BVNK to integrate USD stablecoin accounts for international customers. This partnership enables embedded stablecoin ...
Mastercard launched its Crypto Partner Program, collaborating with 85 digital asset and payments companies including Binance, Circle, Gemini, PayPal, and Ripple. The initiative aim...
U.S. inflation remained contained at 2.4% year-over-year in February, but consumers are increasingly turning to installment payment options for everyday purchases. This trend sugge...
Thredd has partnered with Cross River Bank to help international fintechs enter the US market, with Thredd becoming one of Cross River's strategic processing partners outside the b...
The original Bilt credit card partnership with Wells Fargo failed due to poor revenue dynamics, highlighting challenges in co-brand credit cards outside traditional airline and tra...
The article discusses crypto gateways as payment infrastructure that bridges digital assets with traditional commerce at a pivotal moment for cryptocurrency adoption. These gateway...
Swift has launched a new global payments framework aimed at improving speed, transparency, and affordability for consumer and SME cross-border transactions. This infrastructure dev...
Brazilian neobank Nubank has hired Kim Farrell, former TikTok global head of creators, as global marketing director to lead brand development and partnerships. The move supports Nu...
Revolut has received full banking license approval from UK regulators after a four-year wait. The license enables the fintech company to expand into traditional banking services in...
Thredd, an AI-first issuer processing platform, has formed a strategic alliance with Cross River Bank to help international fintech companies enter the US market. The partnership c...
AAZZUR, an embedded finance orchestration platform, has partnered with EU-based electronic money institution Wallester to integrate card issuing capabilities. The partnership allow...
Japanese digital wallet provider PayPay is reportedly pricing its U.S. IPO at $16 per share, below the marketed range of $17-20, due to market turbulence. At this price, PayPay wou...
Mastercard announced a new Crypto Partner Program to integrate cryptocurrency into its payments ecosystem, signaling a shift toward using blockchain technology as financial infrast...
Research from the Federal Reserve and PYMNTS Intelligence challenges stereotypes about Generation Z's financial habits, showing they are not uniquely irresponsible compared to prev...
OppFi, a personal loan platform, reported record annual revenues of $146.2 million, up 74.4% year-over-year. During earnings discussions, management addressed questions about macro...
Anthropic has enhanced Claude AI with new features for Excel and PowerPoint that share context across files and allow users to save repeatable skills for one-click automation. Thes...
Publix grocery chain is discontinuing its Publix Pay mobile payment app on March 19, moving against the trend of retailers pushing customers toward proprietary payment apps. The ap...
India's neobank Fi is shutting down its banking services after four years, directing its 3.5 million customers to access their Federal Bank accounts through the bank's own app inst...
Irish insurtech Kayna has raised €1.5 million in seed funding to expand its embedded insurance infrastructure platform to the UK and USA markets. The company provides technology in...
EBAday, a leading payments and transaction banking industry conference, will hold its 21st edition in Copenhagen on June 16-17, 2026. The event brings together industry practitione...
Bitget, a major cryptocurrency exchange, reported nearly doubling its Bitcoin holdings to 36,700 BTC in its February 2026 transparency report. The exchange highlighted strong capit...
Bite Investments acquired Untap, a portfolio management and fund-intelligence platform for investors and wealth managers. The acquisition enhances Bite's technology solutions for t...
Engine, a business-travel startup, claims that current travel and entertainment card providers are not adequately serving smaller business customers. The company appears to be posi...
The article explores wealth management as an emerging competitive area in banking, emphasizing the shift from individual advisor performance to systematic, scalable approaches. It ...
BioCatch launched DeviceIQ, a new device identification and intelligence product that transforms how banks assess the trustworthiness of devices used in digital banking. The soluti...
Germany's Commerzbank has partnered with AI technology firm Hawk to enhance its anti-money laundering capabilities. The collaboration will integrate Hawk's AML AI Extended Risk Mod...
A PYMNTS report reveals that 47% of merchants lose sales due to false declines from fraud prevention systems. The report emphasizes that effective fraud prevention requires managin...
The ABA Fraudcast explores how the Secret Service combats imposter scams that exploit urgency tactics to pressure victims into making cryptocurrency transactions. The article exami...
Zimperium's security researchers discovered PixRevolution, a new Android banking trojan specifically designed to hijack Brazil's PIX instant payment system. The malware enables att...
A new ABA survey conducted by Morning Consult reveals that U.S. consumers trust banks more than any other industry when it comes to fraud protection. This consumer confidence in ba...
JPMorgan Chase Institute research reveals that homeowners primarily turn to buy now, pay later (BNPL) services when experiencing financial stress, specifically when bank accounts a...