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OpenAI opened its ChatGPT App Directory on Wednesday (Dec. 17), which is a marketplace of third-party applications that run directly within the ChatGPT interface. The move allows developers to submit apps for review and publication, and users to discover and use those apps without leaving ChatGPT, shifting how digital services and AI interactions can be delivered and monetized.
The...
The Office of the Comptroller of the Currency terminated a July 2024 amendment to an October 2020 consent order with Citi having to do with deficiencies in the bank’s risk management systems.
The OCC’s amendment mandated that Citi implement a quarterly process to ensure it was allocating sufficient resources to meet the milestones included in the 2020 consent order.
The regulator said...
PayPal is reportedly extending the role of its stablecoin into artificial intelligence finance.
That means linking the PYUSD coin to on-chain funding mechanisms from USD.AI, a stablecoin protocol offering credit to AI firms, CoinDesk reported Thursday (Dec. 18).
Loans issued by USD.AI to finance graphics processing units (GPUs), data centers and other AI infrastructures will be...
Mastercard, BlackRock and Franklin Templeton are all players in a new blockchain adoption promotion effort.
That’s according to a Thursday (Dec. 18) announcement from ADI Foundation, an Abu Dhabi-based non-profit founded with the goal of “empowering governments and institutions in emerging markets” via blockchain infrastructure.
In the case of BlackRock, the asset manager has signed a...
Consumers are increasingly open to letting artificial intelligence (AI) move beyond answering questions and begin acting on their behalf, but that willingness remains selective and uneven. New PYMNTS Intelligence data shows meaningful interest in autonomous AI assistants for everyday planning, even as a sizable share of consumers remain cautious about handing over control.
Overall,...
Instacart agreed to pay $60 million to settle a Federal Trade Commission lawsuit that alleged the company engaged in deceptive tactics.
In its lawsuit, the regulator alleged that the grocery delivery platform falsely advertised “free delivery” to consumers on their first order even though it required them to pay a “service fee” for the delivery, falsely advertised a “100% satisfaction...
Coinbase has become the latest financial platform to enter the prediction market game.
The cryptocurrency exchange announced Wednesday (Dec. 17) that it would begin to allow access to prediction markets in the U.S., part of a broader swath of new offerings announced at its “Coinbase System Update” event.
“You will soon be able to trade on the outcomes of real-world events like...
Cryptocurrency solutions company Ripple says it has expanded its partnership with broker-dealer TJM Investments.
With this collaboration, Ripple is investing in TJM and will continue to provide infrastructure to support its execution and clearing services, the companies announced Thursday (Dec. 18).
“Ripple’s multi-asset prime brokerage platform, Ripple Prime, and TJM have a long-...
Amazon Business is offering new benefits to members of its Business Prime program.
The tech giant announced Thursday (Dec. 18) that these small and medium-sized businesses (SMBs) can now access benefits from Intuit Quickbooks, cybersecurity company CrowdStrike and human resources and payroll platform Gusto.
“Small business owners wear a lot of hats — accountant, HR manager, IT lead —...
Alternative asset manager Blackstone is reportedly in talks to offer its funds through FinTech company Revolut’s platform.
Revolut is developing a private banking service, and Blackstone’s funds would be offered to that service’s clients, Bloomberg reported Thursday (Dec. 18), citing unnamed sources.
The companies’ discussions are at an early stage, and there is no certainty they will...