Fed Payment Account proposal draws bank and FinTech pushback
Banks want stricter oversight while FinTechs seek FedACH access as the Fed weighs a narrower payment account for eligible institut...
By Rafael Ortiz 3 weeks agoSection
Fintech
Blue-collar AI adoption rises through photo diagnostics, Google says
Google says manual trades are using image-based AI at twice the average rate, extending workplace AI beyond office tasks.
By Rafael Ortiz 3 weeks ago
Circle buys IBM blockchain patents to expand payments network
Circle said the IBM portfolio includes nearly 1,000 issued patents tied to blockchain, finance, cloud operations and enterprise in...
By Rafael Ortiz 3 weeks agoUK bank outage payments issue hits Lloyds, Barclays and Monzo customers
Customers at several UK banks reported failed transfers and app access problems, with Lloyds warning users not to retry payments.
By Rafael Ortiz 3 weeks ago
AI financial fraud: House Republicans call for wider detection tools
A House Financial Services GOP report says AI is scaling scams and urges banks, regulators and agencies to use the technology defe...
By Rafael Ortiz 3 weeks ago
OpenAI Nvidia data center funding talks focus on $250 billion guarantee
Nvidia is reportedly discussing a $250 billion guarantee to help OpenAI lease a 10-gigawatt data center project in Ohio.
By Rafael Ortiz 3 weeks ago
Fanatics prediction markets deal adds CFTC-registered exchange assets
Fanatics agreed to buy Water Street Labs and CX Clearinghouse from BGC, giving it regulated infrastructure for event-contract trad...
By Rafael Ortiz 3 weeks ago
Clarity Act 2026 vote prospects fade as Senate ethics dispute persists
John Thune said he does not expect a Senate vote before recess, while crypto groups urged leaders to keep the digital assets bill...
By Rafael Ortiz 3 weeks agoRecurring payments banks process reveal a data blind spot
Tapix executive Martin Korbelar says banks need transaction-level data to spot automated charges as subscription spending and disp...
By Rafael Ortiz 3 weeks ago
WEMIX security breach hits stablecoin ownership, with $724,000 in USDC affected
WEMIX said an attacker took control of WEMIX$ ownership and moved funds through bridges, swaps and some centralized exchanges.
By Rafael Ortiz 3 weeks ago
Mid-market compliance AI demands rise as innovation adds controls
PYMNTS says AI, APIs and real-time payments are pushing mid-market firms to build compliance into software and staffing models.
By Rafael Ortiz 3 weeks agoParker bankruptcy puts fintech lending funding model under scrutiny
Prestatech CRO Luca Terragni says Parker’s Chapter 7 filing exposed funding and oversight risks in specialist fintech lending.
By Rafael Ortiz 3 weeks ago