Today on PYMNTS
Otter Secures $320 Million to Turn AI Notetaker Into Enterprise…
Otter.ai secured $320 million in growth financing from General Catalyst’s Customer Value Fund (CVF)…
Capital One Pushes Deeper Into AI as Card Spending Grows
Capital One’s cardholders continued spending in the third quarter while credit losses declined, giving…
Expedia Group Automates Hotel Onboarding to Speed Marketplace Entry
Properties can now join Expedia Group’s global travel marketplace through their existing connectivity software, with…
Nestlé Hands Its Overdue Invoices to SAP’s AI Agents
A company the size of Nestlé cannot chase every late invoice at once. Collections…
America’s Car-Mart Considers Sale as Inflation Hits Subprime Borrowers
Used car dealer and subprime lender America’s Car-Mart and its lenders are in talks for…
Meta’s Muse Reaches 10 Million Downloads Faster Than ChatGPT
Meta’s personal artificial intelligence assistant Muse was downloaded more than 10 million times in…
AI Labs Pay Lawyers $400 an Hour to Train Models
A civil rights attorney can now earn $400 an hour with no client involved….
Mercury Integrates AI-Powered Payroll Capabilities Into Entrepreneur Accounts
FinTech company Mercury added an artificial intelligence-native payroll solution to its offerings so that…
Regional Banks Put AI Into Core Operations as Business Lending…
Third-quarter results from PNC, U.S. Bancorp, Truist, Fifth Third, Regions and KeyCorp show that…
Salesforce Buying Customer Engagement Firm Braze for $5.6 Billion
Salesforce says it will pay $5.6 billion to acquire customer engagement platform Braze. “Every…
Commerce Bancshares Net Income Rises as Acquisitions Expand Investment Banking…
Commerce Bank parent company Commerce Bancshares increased its net income year over year to $155 million…
TransUnion Debuts New Scoring Capability to Combat Fraud
TransUnion has introduced new solutions designed to help organizations combat synthetic identity fraud and credit…
Payment Data Can Keep Merchants Tied to Their Processors
A merchant can negotiate a better payment processing rate and still face an expensive…
Amazon Uses Healthcare and Banking to Woo More Holiday Workers
Amazon will begin offering seasonal workers health coverage to attract more workers for the…
DeepSeek Open Sources Inference Tech to Lower AI Costs
DeepSeek has made its in-house inference framework, DeepInfer, fully open source, saying this will…
Apple Wallet Car Keys Now Work With GM Vehicles
Automaker General Motors has begun offering Apple Wallet car key support in some vehicles. The integration went into…
Mural Raises $15 Million to Help Companies Scale Agentic Finance
Financial infrastructure company Mural said it has raised $15 million in new funding. The…
Governments Urged to Plan for Breaches That Defenses Cannot Stop
State and local governments need to prepare for attackers getting inside their networks, with…
Robot Arms Finally Crack the Meal Assembly Line
For a long time, robots made little economic sense for food manufacturers juggling many…
Hasbro Hopes for Happy Holiday Season as Revenue Rises 15%
Hasbro saw 15% year-over-year revenue growth in the third quarter, fueled by its Wizards…
Equifax Data Shows Mortgage Volume Slump While Consumer Financial Health…
The U.S. mortgage market has “weakened meaningfully” since July, though the rest of the…
