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Enterprise chief financial officials (CFOs) may be celebrating the transformative potential of generative artificial intelligence (gen AI), but beneath the optimism lies a quieter story: trust.
While most finance chiefs now report the technology is delivering measurable value, what enables them to put gen AI into sensitive roles is their conviction that its output is reliable and...
Watch more: Building the Culture Behind the Data Strategy
When it comes to data usage and actions, most institutions can point to dashboards and reports. Far fewer can prove that insight actually shapes decisions.
The difference is culture. A strong data culture shows up when leaders discuss outcomes in data terms, when frontline teams feel responsible for data quality, and when...
The FinTech IPO Index gained a relatively tame 0.6% through the past five sessions, as management changes at firms and earnings reports made the headlines.
Opendoor CEO Steps Down
Opendoor shares jumped more than 18%. As announced at the end of last week, CEO Carrie Wheeler stepped down, to be replaced by chief technology and product officer Shrisha Radhakrishna in the interim as the...
The Consumer Financial Protection Bureau (CFPB) aims to provide compensation from its Civil Penalty Fund to consumers harmed by the actions of the now-bankrupt banking-as-a-service (BaaS) provider Synapse Financial Technologies.
The CFPB sued Synapse on Thursday (Aug. 21) and submitted a proposed stipulated final judgment and order that asks the court to provide a $1 civil money...
Cryptocurrency exchange Gemini plans to continue growing in Europe after receiving a Markets in Crypto Assets (MiCA) license from the Malta Financial Services Authority.
“Receiving this approval marks a critical milestone in our regulated European expansion, as it will allow us to offer secure and reliable crypto across all 30 European countries and jurisdictions, unlocking a vastly...
Federal Trade Commission (FTC) Chairman Andrew N. Ferguson told 13 tech companies Thursday (Aug. 21) that if they censor Americans or fail to protect their privacy and data security due to foreign governments’ demands, they may be violating U.S. law.
Ferguson said this in letters sent to providers of cloud computing, data security, social media, messaging apps and other services, the...
Google on Thursday (Aug. 21) said it would be offering a complete artificial intelligence (AI) platform to federal agencies and employees for 47 cents in the first year.
“Gemini for Government” offers enterprise search, image and video generation, and NotebookLM, Google’s AI-powered note-taking and research assistant.
The program also offers agentic AI, a term used to describe...
Artificial intelligence (AI) startup Anthropic is reportedly in advanced talks to raise as much as $10 billion in a new funding round.
The amount is higher than the $5 billion reported by Bloomberg on July 29 because of strong investor demand, Bloomberg reported Thursday (Aug. 21), citing unnamed sources.
The discussions are ongoing and the terms could change, according to the report....
Most consumers in the United States live paycheck to paycheck, but young generations are finding ways to hold on to more of what they earn.
PYMNTS Intelligence found that Generation Z consumers save more than one-third of their monthly income, eclipsing the saving habits of every other age group and signaling a disciplined, digitally-driven approach to money management with an eye on...
August is delivering more than earnings reports and market noise.
Across banking, FinTech, logistics and commercial services, a series of strategic moves is revealing a potentially larger pattern across B2B payments. Embedded finance and artificial intelligence are no longer optional upgrades but the structural underpinnings of 21st-century enterprise commerce.
As embedded finance...