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
AI Reshapes Banking: Promises and Pitfalls as Industry Grapples With Transformation
July 03, 2024

As artificial intelligence revolutionizes the banking sector, industry leaders from UBS and McKinsey highlighted the potential and challenges facing financial institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
Tech Firms Caution Investors About AI-Related Risks
July 03, 2024

A growing number of tech firms are reportedly cautioning investors about risks related to their efforts in artificial intelligence (AI). 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
UN: China Leads World’s GenAI Patent Race
July 03, 2024

New United Nations data showed China with a comfortable lead in the race to develop artificial intelligence products. 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
Federal Reserve Investigating AI’s Potential Impact on Jobs, Economy
July 02, 2024

The Federal Reserve is investigating possible effects generative artificial intelligence (AI) may have on productivity, inflation and the labor market, Fed Chair Jerome Powell said Tuesday (July 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Artificial Intelligence
Report: AI Video Startup Runway Looking to Raise $450 Million
July 02, 2024

Artificial intelligence (AI)-powered video startup Runway is reportedly looking to raise $450 million at a valuation of $4 billion. 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...

Artificial Intelligence
AI Evaluation Initiative Could Boost Commercial Adoption
July 02, 2024

Anthropic’s new funding program for advanced artificial intelligence (AI) evaluations could accelerate the adoption of AI across various commercial sectors, industry experts say.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
Global AI Regulation Heats Up: France Targets Nvidia, California Proposes Safety Rules and US Senators...
July 02, 2024

Governments and regulators worldwide are scrambling to address the rapid rise of artificial intelligence (AI) technology. From France’s antitrust investigation into Nvidia to California’s new safety legislation and U.S. senators’ resistance to AI regulation in political ads, the global response highlights the complex struggle to...

Artificial Intelligence
How Banks and Big Tech Use AI to Modernize Workflows
July 02, 2024

Unlocking operational leverage is the name of the game for today’s businesses. 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 newsletter, PYMNTS Today. By...

Artificial Intelligence
BIS: Central Banks See Opportunities and Challenges From AI
July 02, 2024

Artificial intelligence is poised to transform the financial sector and broader economy, creating opportunities and risks that central banks must navigate carefully, according to a top official at the Bank for International Settlements. Get the Full Story Complete the form to unlock this article and...