Feed Items
The end of the second quarter is here, and in the last full trading week of June the CE 100 Index surged 4.3%, and all pillars advanced.
[contact-form-7]
A broad based rally lifted most names, and banking and “fun” stocks led the pack.
In the banking segment of the CE 100, which was 6.1% higher through the week, J.P. Morgan shares were 4.4% higher. J.P. Morgan announced its J.P....
Bank account data can help protect firms from fraud, ValidiFI Head of Product Isaac White writes in a new PYMNTS eBook, “Halftime 2025: Charting the Future of Payments.”
[contact-form-7]
The first half of 2025 has marked a transformative period for the payments and financial services industries. Generative and agentic AI are revolutionizing everything from real-time fraud detection to...
Cryptocurrency custodian Anchorage Digital has decided it will stop supporting the popular USDC stablecoin.
[contact-form-7]
As Coindesk reported Friday (June 27), this move has provoked sharp criticism from USDC-issuer Circle and other crypto sector players.
The decision followed the recent release of Anchorage’s “Stablecoin Safety Matrix,” which ranks stablecoins based on regulatory...
President Donald Trump has reportedly found a group of investors to purchase TikTok.
[contact-form-7]
The president made this announcement during a FOX News interview Sunday (June 29), saying a “group of very wealthy people” was set to purchase the U.S. operations of the social media platform away from China-based owner ByteDance.
“We have a buyer for TikTok,” Trump said. “I think I’ll...
Anthropic has debuted a program to study artificial intelligence’s (AI) impact on the labor market.
[contact-form-7]
The AI company’s Economic Futures Program, announced Friday (June 27) will also help come up with policy proposals to ready the world for this economic shift, TechCrunch reported.
“Everybody’s asking questions about what are the economic impacts [of AI], both positive and...
The Treasury Department has debuted rule changes designed to help banks maintain compliance.
[contact-form-7]
The department’s Financial Crimes Enforcement Network (FinCEN) issued an order Friday (June 27) that allows banks to collect tax identification number (TIN) information from a third party rather than from the financial institution’s customer.
“We recognize that the way...
The hacking group Scattered Spider could be trying to trap airlines in its web.
[contact-form-7]
The FBI is warning that it had “recently observed” cyberattacks that resemble Scattered Spider to include the air travel industry, TechCrunch reported Saturday (June 28), citing a statement from the law enforcement agency.
The report also cited recent warnings from Google’s Mandiant...
The future of the Consumer Financial Protection Bureau’s (CFPB) funding is once again uncertain.
[contact-form-7]
That’s because Senate Republicans have gotten permission from the chamber’s parliamentarian to include a measure in President Donald Trump’s tax bill that slashes funds for the agency, Reuters reported Friday (June 27).
The measure would reduce the consumer watchdog agency’...
Hot Wheels and Barbie’s Dreamhouse just got a software update.
[contact-form-7]
Mattel, the toy giant that has been shaping childhoods for generations, announced in a June 12 press release a headline-grabbing partnership with OpenAI. The plan is to bake artificial intelligence into the DNA of Mattel’s most iconic toys, from Barbie to Hot Wheels. The move is bold, futuristic and, in the...
Enrich Layer has acquired HR Signal to enhance the enrichment tools and data products it offers to customers across industries.
[contact-form-7]
The transaction, which was completed earlier in June, adds HR Signal’s predictive workforce analytics platform and Workforce Insights Engine to Enrich Layer’s data platform, Enrich Layer said in a Thursday (June 26) press release.
HR Signal’s...