FinTech

A government watchdog issued a report Wednesday (Sept. 30) saying that it had recommended that the Consumer Financial Protection Bureau (CFPB) secure hardware assets that it left at former regional offices it vacated in early 2025. The watchdog, the Office of Inspector General for the Board of Gover

Fiserv’s digital asset platform is now live with financial institution clients, the global provider of payments and financial services said in a Thursday (Oct. 1) press release. The platform’s first live use case Bank of North Dakota’s Roughrider Coin, a dollar-backed stablecoin designed to enable m

BMO and Mastercard have launched a new embedded commercial payments capability that can be integrated into participating enterprise software platforms in Canada and the United States, BMO said in a Thursday (Oct. 1) press release. When this capability is enabled in a platform, BMO’s eligible Corpora

The biggest mistake merchants could make in agentic commerce may be waiting for one protocol to win. There probably won’t be one. The emerging infrastructure for artificial intelligence (AI)-driven shopping is beginning to look less like the early browser wars and more like the internet stack itself

Anthropic aims to start the formal marketing for its initial public offering as soon as the week of Nov. 9 and begin trading before the Thanksgiving holiday, Nov. 26, Bloomberg reported Thursday (Oct. 1), citing unnamed sources. The company is still considering its plans for the IPO, and the timing

New York City’s Click-to-Cancel rule took effect Thursday (Oct. 1), making the city the first municipality in the country to implement such a rule, the Office of the Mayor said in a press release. The rule gives New York City new authority to crack down on businesses that make it difficult for consu

A payment moving from one country to another passes through banks, clearing systems and payment networks that operate under different rules. The recipient information used to check the payment and bolster security can be just as fragmented. Payee verification connects some of those far-flung systems

Wall Street’s embrace of digital assets has reached the point where saying a bank is “doing blockchain” reveals almost nothing about what it can actually do on-chain. One bank may be experimenting with tokenized securities inside an innovation lab. Another may let corporate customers move tokenized

OpenAI has “parted ways” with three employees who allegedly shared company information with an organization focused on artificial intelligence safety, the Wall Street Journal reported Thursday (Oct. 1), citing unnamed sources. Asked about the report by the WSJ, an OpenAI spokesperson said, per the r

Microsoft has launched three new artificial intelligence models that can be used to power customer service agents, multilingual assistants, interactive learning experiences and live captions and voice-driven interfaces, according to a Thursday (Oct. 1) blog post. “Together, they give developers more

The listing gives investors a price for a business processing more than $245 billion in annualised transactions.

America’s prediction markets regulator has submitted two rules for White House review as it battles states over industry oversight. The Commodity Futures Trading Commission (CFTC) rules, the subject of a report Wednesday (Sept. 30) by CoinDesk, would connect event contracts to the regulatory definit