Nitrogen, the developer of integrated risk tolerance, proposal generation, investment research, and planning software for advisors, announced the launch of AI Meeting Center, a secure, native solution that streamlines meeting documentation and supercharges advisor productivity. Designed to save time, reduce compliance friction, and eliminate the need for third-party AI tools, AI Meeting Center helps deliver better client experiences without leaving the Nitrogen ecosystem. Built directly into Nitrogen’s secure infrastructure, AI Meeting Center transcribes advisor-client conversations, generates real-time meeting summaries, and produces editable, CRM-ready notes all within the compliance standards advisors already rely on. It inherits the governance model broker-dealer and RIA firms already trust and requires no new logins or tools. Key Features of AI Meeting Center: Real-Time Meeting Summaries: Instantly generate concise, actionable overviews of every client conversation. CRM-Ready, Editable Notes: Deliver documentation based on your firm’s compliance guidelines. Fully Native Integration: No third-party tools, plug-ins, or onboarding hurdles. Enterprise-Grade Security: Built entirely within Nitrogen’s secure infrastructure.
PNC Bank is looking to increase its direct deposit market share by automating the payroll deposit switch for payroll, Social Security payments, gig work payouts or other regular income from the bank’s mobile app
PNC Bank is looking to increase its direct deposit market share by automating the payroll deposit switch process for consumers. The bank announced the launch of its new digital direct deposit manager on Tuesday. It gives PNC Bank customers the ability to automatically set up direct deposits for payroll, Social Security payments, gig work payouts or other regular income from the bank’s mobile app. The upgraded deposit feature, referred to by the bank as PNC Direct Deposit, removes barriers to updating or changing the primary bank account for payroll deposits by combining the roles of the employer, the payroll provider and the bank into a single interface. PNC Bank built the feature through a partnership with the account-switching fintech Atomic. “This integrated direct deposit solution is just another example of how
PNC is continuously enhancing and improving the client experience,” Alex Overstrom, head of retail banking for PNC Bank, said. “By embedding direct deposit functions directly within the mobile app, our clients can seamlessly update and manage their direct deposit preferences without the hassle of filling out paperwork.” In most cases PNC consumers using the direct deposit manager won’t need to manually enter their routing and account numbers, which could reduce the risk of user errors and delays in receiving payments. The automated deposit switching feature covers about 85% of U.S. payees. The bank still provides a manual direct deposit enrollment form option for any consumers whose employers aren’t integrated into the PNC Direct Deposit platform. The bank previously offered this manual option for all users before launching its digital feature.
Algebrik AI and Kinective partner to streamline lending with blended e-signatures, built in for use cases like joint applications, branch-assisted onboarding, or co-signer journeys from application to signature
Algebrik AI announced a strategic partnership with Kinective, to integrate Algebrik AI’s intelligent loan origination system with Kinective’s Gateway™ platform providing credit unions and community lenders seamless, real-time connectivity between their LOS, core systems, and e-signature workflows.Algebrik AI and Kinective partner to unify loan origination, and e-signatures. “Our partnership with Kinective eliminates one of the biggest sources of operational drag—manual workflows and broken integrations,” said Pankaj Jain, Founder and CEO of Algebrik AI. With Kinective’s Gateway™ embedded into Algebrik’s platform: Everything Happens in One Place – Loan officers can initiate, track, and complete document signing within the Algebrik interface—no toggling between systems or manual syncs. Blended E-Signatures, Built In – With Kinective Sign, borrowers can complete signatures remotely via email or embedded interfaces, or in-person using supported tablets and signature pads. The same workflow can flexibly accommodate both channels—ideal for use cases like joint applications, branch-assisted onboarding, or co-signer journeys. Compliance-Ready by Design – Every signed document and system update is captured, logged, and audit-ready within Algebrik’s compliance-first architecture. Faster Closings, Happier Borrowers – By automating every touchpoint—from application to final signature—Algebrik reduces operational bottlenecks and delivers a smooth, guided borrowing journey.
Adobe predicts amount of traffic to all U.S. retailers coming from gen AI chat services and browsers to leap 3,200% year over year during Amazon’s Prime Day
Adobe said that during Amazon’s Prime Day sales event that runs from Tuesday (July 8) through Friday (July 11), it expects the amount of traffic to all U.S. retailers that comes from generative artificial intelligence (AI) chat services and browsers to leap 3,200% year over year. “And while AI-driven traffic remains modest compared to other channels such as paid search or email, the growth shows the value consumers are seeing in leveraging AI to quickly find information on deals and product details,” Vivek Pandya, director, Adobe Digital Insights at Adobe, said. Adobe saw the first material surge in this kind of traffic to U.S. retail sites during the holiday shopping season, from Nov. 1 through Dec. 31, 2024, when generative AI traffic saw a year-over-year increase of 1,300%. The company found that 92% of U.S. consumers said generative AI enhanced their shopping experience as they used the technology for shopping tasks like conducting research, receiving product recommendations, seeking deals, getting present ideas, finding unique products and creating shopping lists. Adobe also predicted the during the Prime Day event, U.S. retailers will see online spend increase 28.4% year over year to reach $23.8 billion; shopping on mobile devices hit an all-time high as it drives 52.5% of online sales; and buy now, pay later (BNPL) usage experience a slight uptick as it increases its share of overall online spend from 7.6% last year to 8% this year.
OpenAI implements “information tenting” policies that limit staff access to sensitive algorithms, isolates proprietary technology in offline systems and maintains a “deny-by-default” policy to protect against corporate espionage
OpenAI has reportedly overhauled its security operations to protect against corporate espionage. The company accelerated an existing security clampdown after Chinese startup DeepSeek released a competing model in January, with OpenAI alleging that DeepSeek improperly copied its models using “distillation” techniques. The beefed-up security includes “information tenting” policies that limit staff access to sensitive algorithms and new products. For example, during development of OpenAI’s o1 model, only verified team members who had been read into the project could discuss it in shared office spaces. OpenAI now isolates proprietary technology in offline computer systems, implements biometric access controls for office areas (it scans employees’ fingerprints), and maintains a “deny-by-default” internet policy requiring explicit approval for external connections. The company has increased physical security at data centers and expanded its cybersecurity personnel.
Apple dials back Liquid Glass look and feel following user complaints of the glassy look making the UI more difficult to read, switching back to less translucent and more solid white background in the Notifications and navigation within first-party apps
The iPhone’s new glassy look has been toned down with the release of the third developer beta of iOS 26. This follows user complaints that the update made parts of the user interface more difficult to read. The update sees Apple taking yet another step to dial things back from an overly glassy look in a number of key areas. While beta 2 addressed problems with the Control Center, beta 3 shifts its focus to other areas of the mobile operating system, like Notifications and navigation within Apple’s first-party apps, like Apple Music. For instance, the navigation bar in Apple’s streaming music app no longer sees the background shining through a bit, opting for a more solid white. Notifications are also less translucent, as the background behind the text is darkened, increasing contrast. While the changes arguably make features easier to read, some users now complain that Apple has gone too far in the other direction with a return to more of a “frosted glass” aesthetic. The point of beta software is to allow Apple to collect feedback, find bugs, and address issues before the software rolls out more broadly. That means Apple could continue to tweak the Liquid Glass look and feel over the coming releases to find the sweet spot for the new glassy look within every app and screen.
PayPal’s new adaptive AI-driven alerts, notify users before sending money if a transaction may be a scam; tailoring its response based on risk levels: at high risk, it blocks the transaction entirely
Cybersecurity is a relentless cat-and-mouse game, and the rise of generative AI has made cyberattacks more sophisticated than ever. In response, PayPal—owner of Venmo—is harnessing AI to stay ahead of evolving threats. The company has introduced a dynamic, AI-powered scam alert system as part of its fraud prevention efforts to protect its global user base. “We need to be smarter and faster than the scammers, and we’re combating AI used by bad actors with more intelligent AI used for good,” said Yigit Yildirim, SVP of global fraud prevention at PayPal. These AI-driven alerts, now rolling out for Friends and Family transactions on PayPal globally and on Venmo in the US, notify users before sending money if a transaction may be a scam. The system tailors its response based on risk levels: at high risk, it blocks the transaction entirely; at lower risk, it suggests verification or provides cautionary prompts. This adaptive approach is designed to avoid “warning fatigue”—the desensitization that occurs when users repeatedly see the same generic message. “If you send the same friend money for lunch every week but always receive the same generic warning to watch out for scams, it not only interferes with your payment experience, but it leads you to ignore the warnings altogether,” Yildirim explained.
BNY to act as the primary reserve custodian for Ripple’s RLUSD stablecoin purpose-built for enterprise utility to support faster and low-cost cross-border payments
Blockchain company Ripple chose BNY for the primary custody of its stablecoin reserves. Via the partnership, BNY will act as the primary reserve custodian for Ripple’s RLUSD stablecoin, using its “deep technology stack and expertise enabling the digital assets ecosystem. Unlike stablecoins geared primarily toward retail users, RLUSD has been purpose-built for enterprise utility, particularly in improving the speed, cost and efficiency of cross-border payments. In addition, BNY will provide its leading transaction banking services to underpin RLUSD’s operations and deliver integrated solutions. “Ripple USD addresses a critical gap in the market as a stablecoin developed for enterprise-grade financial use cases, designed to meet the rigorous standards of leading financial institutions,” said Jack McDonald, SVP of Stablecoins at Ripple. “BNY brings together demonstrable custody expertise and a strong commitment to financial innovation in this rapidly changing landscape, as well as a forward-thinking approach to digital asset infrastructure, making them the ideal partner for Ripple and RLUSD.”
OpenAI’s Chromium-based AI browser to likely include a chat-style assistant that can perform complex tasks on behalf of the user in click-free mode and an agentic AI to handle multistep tasks across the web that lets users delegate responsibilities
OpenAI is reportedly close to releasing a browser that could potentially take on Google LLC’s market dominance with its Chrome browser, several months after the company said that it would be interested in buying Chrome from Google. The browser is slated to be launched in the coming weeks and uses artificial intelligence to fundamentally change how consumers browse the web. Notably, the browser would also give OpenAI direct access to user data, which it could use to train its models. The browser is expected to be built on Chromium, the open-source codebase that underpins Chrome and most other browsers except Firefox, but with AI tightly integrated into the user experience. The OpenAI browser is said to include a chat-style assistant that can perform complex tasks on behalf of the user, such as summarizing pages, autofilling forms, booking travel or completing online purchases, without requiring users to click through websites manually, instead of simply serving as a traditional interface for web navigation. Where things could get particularly interesting is that the browser may include OpenAI’s Operator agent, an agentic AI offering designed to handle multistep tasks across the web, allowing users to delegate responsibilities such as scheduling appointments or ordering food to an AI agent. Its inclusion could turn the browser into more than just a gateway to the internet versus a fully capable assistant embedded directly in the browsing environment. The move could place OpenAI in direct competition with Google on multiple fronts, not only in search but also in advertising and data collection.
Icon Business Bank’s integration with ZimpleMoney to enable businesses to offer private financing across multiple loan types with automated ledgering, integrated payments, borrower portals and detailed reporting
Icon Business Bank announced a strategic partnership with ZimpleMoney to simplify private party financing for customers. This collaboration gives Icon Business Bank customers access to advanced loan servicing technology that streamlines the management of private loans, leases, and installment payments. Powered by ZimpleMoney’s cloud-based platform and open APIs, businesses can now offer private financing to their customers, creating new revenue streams while improving cash flow management. ZimpleMoney’s platform features multiple loan types, automated ledgering, integrated payments, borrower portals and detailed reporting—all designed to simplify the complexities of private financing and enhance trust between borrowers and lenders. It provides a compliant, professional framework that brings transparency and efficiency to every step of the process. With this offering, Icon Business Bank continues to lead with innovation by offering tools that align with today’s business environment and provide access to more modern solutions.