Banking

Block experiments with AI at ‘near-zero cost’

Payments giant Block is entering “growth mode” as it launches AI tools to help teams internally and aid business clients with data-driven insights. ...

Mastercard wants to move stablecoins, not issue them

Payments giant Mastercard is eyeing the stablecoin market — but its plans don’t include issuing cryptocurrency.  Instead, Mastercard aims to develop the rails...

How digital Grasshopper Bank is scaling this year

Grasshopper Bank announced Aug. 5 it completed a $46.6 million funding round that has sparked growth momentum and new goals.  The funding round...

Inside one credit union’s search for a CTO

University Federal Credit Union is on the hunt for a chief technology officer.  The $4 billion credit union is prioritizing agility, scalability and...

Embedded finance changing along with CFPB

Embedded finance and automated lending services are under threat as policy and regulatory changes continue under the Donald Trump administration.  After nearly seven...

Oracle cuts jobs in cloud infrastructure unit amid AI spending

Oracle Corp. is cutting jobs in its closely watched cloud unit, the latest company taking steps to control costs amid heavy spending on...