Alerts
A federal judge refused to overturn a $5 million settlement that cryptocurrency exchange Gemini reached with the Commodity Futures Trading Commission in January 2025 and has already paid, CoinDesk reported Friday (Oct. 16). The CFTC has since said that it never should have brought the case against G...
President Donald Trump’s artificial intelligence (AI) task force, the Super Intelligence Force, will commission a report from the President’s Council of Advisors on Science and Technology to evaluate potential dangers of the technology, Bloomberg reported Thursday (Oct. 15), citing a White House acc...
Visa has begun rolling out stablecoin-enabled prefunding that makes stablecoin-powered money movement available for businesses that run cross-border payments through Visa Direct, the company said in a Thursday (Oct. 15) press release. The first enabler of the new offering is Inyo Global, a Visa Dire...
Tencent’s artificial intelligence unit, Tencent Hunyuan (Tencent Hy), said Thursday (Oct. 15) that rogue AI agent activity covered in recent reports originated from evaluations of third-party models, not the company’s own models. “During these evaluations, some agents exhibited unintended web-browsi...
Artificial intelligence (AI) shopping agents are forcing online retailers to reconsider how they attract customers, authorize payments and protect their relationships with shoppers, as technology companies increasingly insert themselves between merchants and buyers. Retailers are responding differen...
Truist exited its third quarter with higher deposits, continued growth in consumer spending and stable underlying credit quality. An earnings call Friday (Oct. 16) indicated that the new Truist CEO, Mike Lyons, wants a larger share of customers’ primary banking relationships. Average deposits rose 3...
Stablecoin issuer Circle plans to enter 40 new markets around the world, Circle CEO and Chairman Jeremy Allaire told Reuters in a report posted Friday (Oct. 16). Circle has seen growing demand for stablecoins from individuals and businesses in Southeast Asia, Latin America and the Middle East, Allai...
Equifax now offers consumer-permissioned financial insights enabled via Mastercard Open Finance alongside the Equifax consumer credit file, the company said in a Friday (Oct. 16) press release. Equifax customers can now access Mastercard Open Finance’s Cash Flow Analytics, which produces cash flow a...
A Meta and Apple partnership wasn’t on anyone’s 2026 bingo card. On Thursday (Oct. 15), the two companies, who spent most of a decade fighting over user data, announced they had worked together to run Meta’s newest AI model on Apple’s desktops. Meta released Muse Spark Open, an 816 billion-parameter...
The Federal Trade Commission (FTC) on Wednesday (Oct. 14) sent civil subpoenas to OpenAI and Anthropic seeking documents related to a series of recent safety and security incidents in which the companies’ artificial intelligence (AI) agents accessed corporate and government systems without authoriza...
Regions Financial Corp., parent company of Regions Bank, expects the cost of cybersecurity to increase its adjusted noninterest expense by between 1.5% and 3.5% for full-year 2026, Chief Financial Officer Anil Chadha said Friday (Oct. 16) during an earnings call. The company’s investments in technol...
Cross-border payments carry a working capital cost before money reaches the recipient. Payment providers frequently need funds available in advance to make payouts in other markets. For a company operating across currencies and time zones, that can mean maintaining cash in multiple bank, settlement ...
