Getting AI Regulation Right Starts With A National Privacy Bill

Getting AI Regulation Right Starts With A National Privacy Bill

an artificial intelligence symbol to symbolize concepts around new laws and legislations around AI getty It’s hard to go through a day without hearing the mention of AI. Every day, companies are announcing new AI-driven products and increasing the use of cutting-edge algorithms and large language models (LLMs) to better manage risk, enhance customer experiences, …

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47% of FinTechs Enable Sending P2P Payments

47% of FinTechs Enable Sending P2P Payments

FinTechs must make money mobility a top priority if they want to woo consumers away from traditional banks. While PYMNTS Intelligence’s data confirms FinTechs have made progress in meeting consumer expectations around instant payments, there is still room for improvement. In “FinTechs’ Instant Payment Mismatch,” a collaboration with Ingo Payments, we found that 47% of …

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Bitcoin miners get into AI to survive halving

Bitcoin miners get into AI to survive halving

The bitcoin halving took effect late on Friday, cutting the issuance of new bitcoin in half. Bitcoin miners have spent years diversifying their business models and upgrading their facilitates to brace for the cut to revenues. Some mining firms have diversified into supporting the underlying infrastructure necessary for artificial intelligence. AUSTIN, TEXAS — Adam Sullivan …

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Singapore’s Tranglo Expands Cross-Border Payments Network

Singapore’s Tranglo Expands Cross-Border Payments Network

Tranglo has expanded its cross-border payment network to allow transfers to more than 30 digital wallets. The Singapore-based FinTech announced the expansion Monday (April 8), noting that its direct-to-wallet transfers eliminate the need for intermediaries and ensure funds are available to recipients immediately. “This is especially important for millions of rural recipients, who often lack access to traditional financial …

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Everything A Startup Needs to Know

Everything A Startup Needs to Know

Navigating Fintech Investment Trends: Essential Insights for Startups In the Year 2024 The fintech industry continues to experience rapid growth and evolution, driven by technological innovation, changing consumer behaviors, and evolving regulatory landscapes. For startups entering the fintech space, understanding the latest investment trends is essential for navigating the competitive landscape and securing funding. In …

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PayToMe.co Adds Stripe Connect to Payment Solutions

PayToMe.co Adds Stripe Connect to Payment Solutions

PayToMe.co integrated Stripe Connect to scale globally and enhance its payments solutions for platforms and marketplace. The integration will facilitate onboarding, global payouts, payment compliance and know your customer processes, with solutions tailored to the needs of more than 100 countries, the FinTech platform said in a Friday (April 5) press release. “Integrating Stripe Connect propels PayToMe.co into a …

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Capital A to Integrate Ant’s Payment Orchestration Services

Capital A to Integrate Ant’s Payment Orchestration Services

Ant International and AirAsia owner Capital A Berhad are exploring ways to integrate more local payments methods and payment orchestration services into Capital A’s platform. The companies have formed a strategic partnership that also includes looking at marketing and digitization solutions for Capital A’s entire business ecosystem, which includes AirAsia, AirAsia MOVE and BigPay, according …

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UK set for soaring digital wallet adoption

UK set for soaring digital wallet adoption

The UK is approaching a seismic shift in how people pay, with digital wallets set to comprise half of all e-commerce spend and nearly a third of POS transaction value by 2027, according to a report from Worldpay. While digital wallets first emerged in the late 1990s, the Covid-19 pandemic provided an adoption tipping …

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Thunes and Visa Expand Digital Wallet Partnership

Thunes and Visa Expand Digital Wallet Partnership

Cross-border payments firm Thunes is expanding its partnership with Visa into Asia and Africa. The new collaboration, announced Thursday (March 21), will see Visa tap into Thunes’ network to send payments to over 108 digital wallet types and bank accounts throughout countries that include Kenya, the Philippines, Indonesia and Pakistan. Thunes will also implement Visa Direct’s push-to-card capability, to allow …

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