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For years, banks have treated real-time payments like an unlocked door. Open too wide and fraud might slip through. But new data show that those fears are misplaced.
Real-time payment networks such as the RTP Network and FedNow are among the safest rails in modern finance, with fraud rates that are a fraction of those found in checks and wire transfers.
Yet anxiety, not evidence, still...
For the FinTech IPO Index, it was all earnings, all the time.
Even strong growth in lending and card issuance, all mainstays of digital upstarts, was not enough to buoy the group.
Double-digit declines were a hallmark of performance, but there were some gains too, so the overall index was down a relatively muted 0.9%.
Katapult dropped 39.7%. In the company’s third-quarter earnings...
Amazon and Walmart have spent decades defining the competitive perimeter of American retail, each shaping consumer behavior at enormous scale.
But no matter the innovations around convenience and the ongoing race to turn commerce invisible and frictionless, there’s always been a bigger factor at play when it comes to consumer behavior. A factor so huge it also shapes the operational...
A big shift in Apple’s App Store strategy could set a precedent for how mobile software may be developed and monetized.
Apple has announced a new program that halves the standard 30% fee it takes from app developers on in-app sales for a category of software called “mini apps.” A CNBC report explained that the new “Mini Apps Partner Program” offers developers of mini apps — which run...
Scams are everywhere, and the rising tide of fraudulent schemes is now hitting consumers across all age and income brackets. According to joint research from PYMNTS Intelligence and Block, younger, affluent and college-educated consumers now face the highest scam exposure, overturning long-held assumptions about fraud vulnerability, namely that tech-savvy individuals are well-equipped to grapple...
FIS has released two of its key financial software products on Microsoft Marketplace.
A press release issued Thursday (Nov. 13) by the Jacksonville, Fla.-based FinTech company stated that its Treasury Risk Manager – Integrity Edition and GETPAID software solutions are available to download from Microsoft Marketplace. The tools help banks and businesses manage their finances.
“This...
World Labs has introduced Marble, a commercial world model designed to give artificial intelligence (AI) the ability to perceive, predict and interact with the physical world. The launch signals a shift in the AI landscape as companies move beyond language and image models toward systems that can generate and reason over 3D environments.
Marble is the first product released by World...
The European Union is preparing to delay and ease major elements of its landmark Artificial Intelligence Act as regulators confront a reality that fast-moving AI systems are outpacing the structures built to govern them.
According to Reuters, the European Commission is “proposing to pause parts of its landmark artificial intelligence legislation amid pressure from big tech companies...
Blockchain’s proponents have long touted it as a silver bullet for much of the traditional financial sector’s woes.
As cryptocurrency inches closer to the mainstream, those same proponents are set on building the new payment networks and global value-transfer ecosystems they view as a replacement, not a refinement, of the existing status quo.
For example, Circle Internet Group CEO...
OpenAI released GPT-5.1, the latest version of its flagship model, describing it as a step toward faster reasoning, more reliable instruction-following and more personalized chat experiences.
The launch builds on the company’s recent product momentum, including last month’s debut of ChatGPT Atlas, an artificial intelligence (AI) browser designed to turn the web into a working...