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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...
The Office of the Comptroller of the Currency (OCC) has terminated a 3-year-old enforcement action against Anchorage Digital Bank, the first federally chartered cryptocurrency-focused bank.
The April 21, 2022, consent order addressed the bank’s failure to adopt and implement required Bank Secrecy Act and anti-money laundering measures, the OCC said in a Thursday (Aug. 21) press release...
OpenAI’s ChatGPT took the world by the proverbial storm when it debuted in 2022, becoming synonymous with artificial intelligence (AI) in the public eye.
So it might come as a surprise that OpenAI’s AI models—ChatGPT is the chat interface atop AI models such as GPT-5—is not the one most companies use when they’re deploying AI in their operations.
The surprising winner? Claude from...
Policy, claims, risk and analytics platform Klear.ai is teaming with payment automation provider Carepay.
This partnership is designed to embed Carepay’s insurance-industry focused digital disbursement technology into Klear.ai’s claims solution, letting organizations issue payments via ACH/EFT, virtual card, or check without switching systems, the companies announced Thursday (Aug. 21...
U.K. banks are reportedly working harder than ever to gain the business of Generation Z consumers while also finding that these consumers are less brand loyal than older ones.
Banks have offered sign-on bonuses and other incentives to draw new customers, referral incentives to encourage friends and family to send Gen Z consumers to the bank, and kids’ accounts to build brand loyalty...