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REDMOND, Wash.--Microsoft has unveiled a new artificial intelligence-powered cybersecurity platform that combines specialized security agents with a new cyber-focused AI model the company says outperforms competing models, including Mythos 5, while costing roughly half as much, Bank Info Security reported.

SAN JOSE, Calif.—PayPal delivered stronger-than-expected second-quarter results and raised its full-year profit outlook Tuesday as it sought to reassure investors that its turnaround strategy can create more value than a reported $53-billion takeover bid from Stripe and Advent International first reported earlier this month, Reuters reported.

LAKE BLUFF, Ill.— Credit unions hoping deposit costs would ease this year may need to rethink their funding strategy. A new analysis from Moebs $ervices argues rising Treasury yields and persistent inflation pressures are likely to keep deposit competition intense through year-end, with another Federal Reserve rate hike still possible in 2026.

ROCKY HILL, Conn.-Credit unions that view the revised Clarity Act simply as legislation governing stablecoins are missing its far broader strategic implications, according to Jon Ungerland, CIO and chief of staff at DaLand CUSO.

DETROIT—InvestiFi, the credit union service organization (CUSO) that enables credit unions and community banks to offer digital investing within their online banking platforms, has raised $20 million in new funding as it looks to accelerate growth amid rising demand for embedded investment services.

WASHINGTON— Mortgage applications decreased 6.4% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 24.