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Billionaire Ray Dalio Says Fed Shouldn’t Cut Rates Yet, Warns Against Aggressive Easing of Monetary Policy for Bond Market

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Clara Teams Up with Regtech Sumsub to Accelerate Clients’ Business Growth Across LatAm
Clara will now aim to offer its customers throughout Mexico, Colombia and Brazil Sumsub’s “full-cycle” verification platform and KYC/AML compliance expertise. Sumsub, a verification and complian...

TD Bank Says Guidepost Solutions Will Oversee AML Compliance Remediation Efforts
TD Bank said Thursday (Feb. 27) that U.S. authorities selected consulting firm Guidepost Solutions as the independent monitor to oversee the bank’s remediation efforts. Leo Salom, TD Bank’s U.S. h...

Expensify CEO Says Company Is Gunning for ‘AI Supremacy’ in FinTech
Venture capital investors once claimed that FinTech was eating the world, but now it appears that artificial intelligence (AI) is eating FinTech. That, at least, was the message shared Thursday (Feb. ...

Texas Senate Banking Committee greenlights Bitcoin reserve bill for floor voting
The Texas Senate Banking Committee unanimously approved a bill on Feb. 27 to create a state-managed Bitcoin (BTC) and crypto reserve, sending the proposal to the full Senate for consideration. Senate ...

Regulation Become Crucial as Stablecoins Push Payments Frontier
The stablecoin market is positioning itself as at the forefront of payments innovation, and that forefront is at an inflection point. On Tuesday (Feb. 25), Bank of America’s CEO Brian Moynihan said ...

Seamless Journeys: AI’s Rising Role in Coordinating Consumer Travel
Artificial intelligence (AI) is making inroads into the travel industry as most consumers now expect seamless travel experiences, and the industry is taking notice. Kayak CEO Steve Hafner told PYMNTS ...

Shop Circle Reports $60M Series B to Enhance AI-Powered B2B Software
Shop Circle announced the closure of its Series B funding round, securing $60 million in new capital. The funding round was led by Nextalia Ventures, a fund managed by the investment platform of Nexta...

This Week in B2B Was About Unlocking Trapped Payments Data
The B2B payments industry is on a compelling growth trajectory, and sector stakeholders can’t let paper processes jam the runway as B2B innovation takes off. A digital revolution is continually unfo...

‘CFPB Has Gotten in the Way of Its Own Mission,’ McKernan Claims at Confirmation Hearing
Jonathan McKernan, appearing before the Senate Banking Committee during a hearing on his nomination to lead the Consumer Financial Protection Bureau, told lawmakers Thursday (Feb 26), “All too often...

Daily Deal: Microsoft Project 2021 Professional
Be the boss of any project with Microsoft Project Professional 2021. This powerful yet easy-to-use app lets you stay on track, from small tasks to larger projects. Manage your projects more efficientl...