Indian shares pare early gains as caution sets in ahead of election outcome

 Indian shares pared early gains on Friday to trade slightly higher, with caution setting in ahead of the outcome of the national elections next week. The NSE Nifty 50 (.NSEI), opens new tab was up 0.2% at 22,528 points, while the S&P BSE Sensex (.BSESN), opens new tab gained 0.2% to 74,059 points, as of 10:34 a.m. IST. The […]

US Treasury seeks public comments on AI use in financial services sector

The U.S. Treasury Department said on Thursday it is seeking public comments on the use of artificial intelligence in the financial services sector. The agency is looking to improve its understanding of the opportunities and risks presented by the development and application of AI within the sector. Regulators have cautioned that the rapid adoption of […]

Affirm buy now, pay later loans will be embedded into Apple Pay later this year

Apple device users will soon be able to tap into buy now, pay later loans from Affirm for purchases, the companies said Tuesday. Affirm will surface as an option for U.S. Apple Pay users on iPhones and iPads later this year, the San Francisco-based fintech company said in a filing. Apple confirmed the news in its own update. “This provides […]