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The latest inflation data released Friday (Feb 13) point to a continued easing of price pressures, particularly in categories that define household necessity rather than discretionary spending, offering consumers incremental but tangible relief.
The Consumer Price Index (CPI) rose 2.4% year over year in January, with a monthly increase of 0.2% on a seasonally adjusted basis.
Excluding...
Stablecoins promise to help businesses move money faster, cheaper and more transparently.
But their path to legitimization and institutional adoption has been anything but fast, cheap or even transparent.
Still, over the past week, policy debates stretched across Washington, Brussels, Hong Kong and Beijing, underscoring how governments increasingly view stablecoins not as experimental...
Proofpoint is adding agentic workspace protection to its cybersecurity platform by acquiring Acuvity.
Acuvity delivers AI enterprise security and governance, while Proofpoint offers cybersecurity and compliance, the companies said in a Friday (Feb. 13) press release.
With the acquisition, Proofpoint will enhance its platform’s ability to provide AI-native visibility, governance and run...
Anthropic has formed a partnership that will make its artificial intelligence (AI) tools Claude and Claude Code available to 20,000 college students.
The AI startup is collaborating with CodePath, a provider of collegiate computer science training, to integrate Claude into CodePath’s courses and redesign the organization’s coding curriculum to reflect how AI is reshaping software...
The most consequential artificial intelligence deployments in finance are invisible to customers.
They are unfolding inside compliance queues, cash management dashboards and payment routing engines, where AI agents now initiate tasks and move money based on live signals.
That transition marks the first real test of whether financial institutions trust AI with operational authority....
Legora, provider of an artificial intelligence (AI) platform for lawyers, is in talks on a funding round that would boost its valuation to $6 billion, Bloomberg reported Friday (Feb. 13), citing unnamed sources.
The amount the company is raising is not known, and the round has not been finalized, according to the report.
Reached by PYMNTS, Legora declined to comment on the report.
The...
Legalized sports betting triggered one of the fastest state-by-state commercial expansions in modern consumer tech. At least until prediction markets went over the heads of state regulators straight to the Commodity Futures Trading Commission (CFTC).
But if the first chapter of online sports betting was defined by regulatory arbitrage and marketing spend, the next may hinge on platform...
Michael Abraham, the chief strategy officer of Great Lakes Credit Union (GLCU), spotted a flaw in how his $2.4 trillion industry had done business for decades.
Most credit unions don’t have the dollars, expertise or manpower to develop essential tools like digital wallets and artificial intelligence (AI) chatbots on their own, let alone to modernize their decades-old underwriting and...
The cost of fraud at U.S. financial institutions is rising, but the deeper threat may be what it does to customer relationships and brand reputation.
Half of all institutions surveyed say fraud has damaged customer loyalty, a finding that reframes financial crime as a strategic business risk rather than a line-item expense.
The 2025 “State of Fraud and Financial Crime in the United...
Expedia Group is responding to the rise of artificial intelligence assistants and agentic commerce both by embracing them and by providing services that draw travelers directly to its own platforms, executives said Thursday (Feb. 12) during the company’s quarter earnings call.
“As gen AI changes how travelers do trip discovery, it opens up new growth opportunities for us,” Expedia...