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The next chapter of digital banking won’t be built on websites or apps. It will be built on conversations. Not the ones customers dread: those frustrating exchanges with chatbots that never quite understand what they’re asking. The future of banking depends on conversations that are responsive, intelligent and personal. Ones that solve problems in real time and feel more like speaking to a...
Watch more: Stax CTO on Why Agentic AI Needs Orchestration Layers to Scale [contact-form-7] When it comes to many innovations across payments, hype can often outpace practical deployment. But even against that backdrop, the emergence of agentic artificial intelligence might stand among the most transformative moments in enterprise automation, at least since the invention of APIs. Unlike...
The reverse logistics industry is reportedly benefiting from new U.S. tariffs. [contact-form-7] Because new goods are more expensive due to tariffs, while returned goods have already had their tariffs paid, companies are anxious to get returns back on the market as soon as possible, CNBC reported Wednesday (June 25). The more efficient the reverse logistics process — in which returned...
Fannie Mae and Freddie Mac have been ordered to consider cryptocurrency as an asset for single-family mortgage loan risk assessments. [contact-form-7] U.S. Federal Housing FHFA Director William J. Pulte said in a Wednesday (June 25) post on X that he ordered the organizations to do so. “After significant studying, and in keeping with President Trump’s vision to make the United States...
Wealth technology provider Envestnet plans to sell its open finance and data analytics subsidiary, Yodlee, to private equity firm STG. [contact-form-7] The transaction is expected to close in the third quarter, subject to customary closing conditions, the companies said in a Wednesday (June 25) press release. STG is focused on investing in innovative software, data and analytics firms,...
Nvidia shares hit an all-time high Wednesday (June 25), surpassing the previous record intraday high that was set in January, Bloomberg reported Wednesday. [contact-form-7] The rise took the company’s market cap to about $3.75 trillion, making it the world’s most valuable company, ahead of Microsoft, CNBC reportedWednesday. The increase in Nvidia shares was driven by the company’s...
PYMNTS Intelligence has long tracked the rise of the Click-and-Mortar shopper, the tech-savvy individual who traverses eCommerce and in-store shopping armed with mobile devices. [contact-form-7] The blurring of channel lines has been paving the way for platforms — eCommerce platforms, especially — to make inroads into tangible, in-person shopping experiences. The Click-and-Mortar...
The Federal Reserve reportedly voted Wednesday (June 25) to advance a proposal that would ease the “enhanced supplementary leverage ratio” that determines the amount of capital banks must hold against relatively low-risk assets. [contact-form-7] The Fed board voted 5-2 to advance the proposal, Reuters reported Wednesday. The board’s vote means that the proposal will now be open for...
Apple is reportedly set to propose making it easier for third-party developers to send customers outside of its App Store to make software purchases in order to avoid additional penalties being imposed by European Union regulators. [contact-form-7] The company’s proposal is due Thursday (June 26), Bloomberg reported Wednesday (June 25). EU regulators ruled in April that Apple violated...
It’s easy to assume that every corporate problem has an AI-first solution just waiting in the wings. [contact-form-7] But as geopolitical unrest, tariff turbulence and continued volatility disrupt global logistics, many CFOs are finding that their biggest supply chain breakthroughs don’t come from artificial intelligence (AI). They come from a renewed focus on financial fundamentals....