Fed Finds Inflation Expectations Ease, Spending Outpaces Income
Spending expectations were tempered, but income is not likely to keep up with inflation, per the data. The…
Digital Wallets Unite Banks and FinTechs in LatAm’s Inclusion Push
Latin America, long perceived as a region where cash was king and financial innovation moved at a deliberate…
Mistral Aims to Raise Financing for AI Cloud Service
Mistral AI is reportedly in talks to raise as much as $1 billion in equity financing from investors…
Prime Day Could Be ‘Quite a Test’ for Tariff-Rattled Consumers
Amazon kicked off its annual summer sale on Tuesday (July 8), but as Bloomberg News reported, the trade war has…
Belgian Banks Join European Digital Wallet Effort Wero
A group of Belgian banks have signed onto Europe’s digital wallet project Wero. Argenta, Bank Van Breda, Beobank, Crelan, and vdk bank are…
5 Ways CFOs Can Upskill Their Staff in AI to Stay Competitive
Chief financial officers are recognizing the need to upskill their workforce to ensure their teams can effectively harness…
Nonbanks Lead Expansion Into Real-Time Payments
Real-time payments are emerging as the modern standard for transactions that are not only fast and efficient but…
Voice AI Startup ElevenLabs Plans to Add Hubs Around the World
ElevenLabs, a startup that offers a platform that uses artificial intelligence to generate synthetic voices, reportedly plans to…
OpenAI Says It Does Not Endorse Robinhood’s Stock Tokens
An OpenAI social media post reportedly impacted Robinhood’s stock price and set off a debate about the stock…
Lawmakers Want More Info From Banks About Zelle Payments
Three members of Congress said Thursday (July 3) that they sent a letter to each of the banks…