The Future of Credit Is Clashing With Its Past
Consumer credit has so far been shaped and defined by a single product. The revolving credit card.
But the revolving credit card’s fundamental architecture, built for a world where credit...
Visa Says Login Isn’t Enough as AI Enters the Checkout Flow
Watch more: What’s Next in Payments With Visa’s James Mirfin
There’s an innovation race growing over digital identity. On one hand are banks and merchants that have traditionally been...
Walmart Secures Machine Learning Patents to Aid Retail Pricing
Walmart has secured U.S. patents for two systems that would use machine learning to inform the company’s pricing, the Financial Times reported Wednesday (March 18).
One patent is for a �...
BofA Targets European Banks With Private Credit Short Basket
Bank of America is offering clients a basket of 17 European financial stocks that allows them to bet against companies the bank said are among the “most exposed to private credit shocks,” the Fina...
OCC Ends Restrictions on 4 Banks
The Office of the Comptroller of the Currency (OCC) terminated enforcement actions against four banks in March.
In each case, the OCC said it believes “the safety and soundness of the Ban...
