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Like any busy scientist, Stanford University professor James Zou would like to explore hundreds of research ideas but only has time for two or three. So he thought of a novel approach: Create artificial intelligence (AI) agents modeled after his lab and let them tackle experiments he doesn’t have time to do.
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The result was the discovery — in a few days — of two novel...
Stablecoins would rather that the traditional financial sector forgot about the last decade of crypto.
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While the industry’s Wild West growth pains during its first dozen years of existence were defined by volatility, scams and regulatory standoffs, stablecoin proponents are eyeing a future where the next chapter of blockchain-based finance may be characterized by...
Blockchain company Ripple and the Securities and Exchange Commission (SEC) told a court Thursday (Aug. 7) that they have ended their appeals in a long-running legal battle.
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“Following the Commission’s vote today, the SEC and Ripple formally filed directly with the second circuit to dismiss their appeals,” Ripple Chief Legal Officer Stuart Alderoty said in a Thursday ...
PYMNTS Intelligence has long chronicled the challenges facing smaller firms navigating the storms of economic volatility. Capital, of course, offers up a buffer against the turbulence, and capital can be hard to come by.
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As a result, and as tariffs started to take root this spring, PYMNTS Intelligence found that across 560 firms surveyed, a minority, at 36%, had access...
Spanish bank BBVA is reportedly acting as an independent custodian for clients of cryptocurrency exchange Binance, helping those customers hold assets off the exchange.
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The bank recently began offering this service and became one of only a few independent custodians for Binance, the Financial Times (FT) reported Thursday (August 7), citing unnamed sources.
Neither BBVA...
From the release of GPT-5 to travel platform Expedia implementing artificial intelligence throughout its business to rental car companies using the tech to assess damage to rentals, here are this week’s top AI stories.
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ChatGPT Gets Boost in Capabilities With GPT-5
OpenAI released its much-anticipated and most powerful model, GPT-5, Thursday (Aug. 7).
The multimodal...
Shopify aggregator OpenStore is reportedly in the midst of a reorganization in which it is shutting down more than 40 Shopify stores, liquidating remaining inventory, and focusing solely on its menswear brand Jack Archer.
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These changes follow a four-year period in which OpenStore acquired more than 40 Shopify storefronts offering a variety of products, CNBC reported...
The U.K.’s Financial Conduct Authority (FCA) will continue to engage with the industry as it works to establish a new standard-setting body for open banking later this year.
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This new body will support the rollout of variable recurring payments for some types of household bills, the regulator said in a Friday (August 8) press release announcing its publication of a...
The conventional wisdom is that consumers in the United States, burdened by debt, are trapped in a cycle of using credit to get what they need, and then juggling their debt, grappling with monthly payments.
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But data and commentary from earnings season thus far indicate that most consumers are proving to be adroit managers of credit, particularly credit cards.
Although...
Google is testing a new version of Google Finance that includes features powered by artificial intelligence (AI).
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Over the coming weeks, Google Finance users in the U.S. will see the option to toggle between the new and classic versions, the company said in a Friday (Aug. 8) blog post.
The AI features in the new version of Google Finance allow users to get comprehensive...