House Panel Examines AI’s Rapid Advances, Risks and Impacts
Lawmakers gathered on Capitol Hill on Wednesday (Sept. 17) for a wide-ranging hearing on artificial intelligence (AI), weighing…
Paycheck-to-Paycheck Families Feel No Relief From Fed Rate Cut
The U.S. Federal Reserve’s quarter-point interest rate cut, a move widely expected after months on pause, offers a…
Oracle, OpenAI Strike $300B Cloud Agreement for AI Infrastructure 
Oracle’s $300 billion agreement to provide cloud services to OpenAI beginning in 2027 is one of the largest…
Finance Leaders Warn Against Giving AI a 51% Stake in Decisions
Financial institutions have long treated customer data as a proprietary asset, but a new PYMNTS report, “Fighting Fraud and…
42% of Gen Z Trust Debit More Than Credit
Generation Z may be the first cohort to grow up entirely in the digital economy, but the real…
Financial Giants Invest $1.6 Billion in UK Ahead of Trump Visit
American financial giants are investing in Great Britain ahead of a U.S.-U.K. technology summit. The $1.6 billion investment…
IPO Market Enjoys $4 Billion Rebound Amid ‘Pent-Up Demand’
As the Financial Times (FT) reported Saturday (Sept. 13), seven large-cap companies went public last week, including buy…
Initial Unemployment Claims Rise to Highest Level Since 2021
More Americans filed for unemployment last week than in any week since 2021, the Department of Labor said…
Ant International and Alipay Aim to Safeguard Digital Wallets
A trio of Asia-based payment providers have teamed to help bolster cross-border digital wallet transactions. The Digital Wallet…
UK’s FCA Proposes Letting PSPs Set Contactless Payment Limits
The United Kingdom’s Financial Conduct Authority has proposed removing its regulatory contactless payment limits, saying fraud controls are…
Companies Bet Customer Service AI Pays
Klarna’s $15 billion IPO was more than a financial milestone. It spotlighted how the Swedish buy-now-pay-later (BNPL) firm…
The Secret Financial Life of Six-Figure Households
It seems logical: The more income you have, the more you can control your financial life by strategically…