Artificial Intelligence

PYMNTS covers artificial intelligence as it transforms payments, commerce and financial services, from generative AI and agentic commerce to fraud detection, underwriting and customer engagement. Our reporting pairs breaking news with proprietary data and expert analysis to examine how AI is reshaping business models, operational efficiency and competitive dynamics across the connected economy.
Artificial Intelligence
FCC Proposes New Rules on AI-Powered Robocalls 
August 13, 2024

In a move that could force businesses to overhaul their automated customer outreach, the Federal Communications Commission (FCC) has proposed new rules requiring companies to disclose when they use artificial intelligence (AI) to generate robocalls and texts, potentially reshaping the landscape of customer interactions and...

Artificial Intelligence
CFPB Wants to Set the Rules for How Banks Use AI
August 13, 2024

The Consumer Financial Protection Bureau (CFPB) has staked out a clear position on using artificial intelligence (AI) in financial services: There are no exceptions to existing consumer protection laws for new technologies. Get the Full Story Complete the form to unlock this article and enjoy...

Artificial Intelligence
Could AI-Powered Humanoid Robots Be Coming to Retail Stores?
August 12, 2024

The potential for artificial intelligence (AI) humanoid robots in factories and stores is sparking debate among experts on the future of work and commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
AI Explained: Chain-of-Thought AI Shows Its Decision-Making
August 12, 2024

Chain-of-thought AI, a new approach aimed at making artificial intelligence systems more transparent and interpretable, has gained attention as a potential solution to the longstanding “black box” problem in machine learning.​​​​​​​​​​​​​​​​ Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Artificial Intelligence
DC Connected Car Raises $2.29 Million for AI-Powered Remote Auto Diagnostics
August 11, 2024

DC Connected Car has raised €2.1 million ($2.29 million) for its artificial intelligence (AI)-driven remote vehicle diagnostics offering. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Artificial Intelligence
X Stops Using Some EU User Posts for AI Training
August 08, 2024

Ireland’s Data Protection Commission (DPC) said Thursday (Aug. 8) that X has agreed to suspend the use of personal data from some users’ public posts on the social media platform to train the artificial intelligence (AI) model, Grok.  Get the Full Story Complete the form...

Artificial Intelligence
AI Sector Takes Aim at California Safety Bill
August 08, 2024

A bill in California would require artificial intelligence companies to conduct tests to prevent “catastrophic harm.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

Artificial Intelligence
GenAI Tools Show Promise of Reducing Payments Fraud by 85%
August 08, 2024

The landscape of payments fraud is undergoing a shift as traditional detection methods become increasingly inadequate against sophisticated fraud schemes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Artificial Intelligence
Taco Bell Goes All-in on AI Drive-Thrus as McDonald’s Steps Back
August 07, 2024

By year’s end, hundreds of Taco Bell drive-thrus could be taking orders without a human on the other end of the speaker. Yum Brands’ ambitious deployment of artificial intelligence (AI) at its flagship Mexican-style fast food chain signals a potential sea change in how America...