For decades, credit and payment decisions have relied on static scorecards and rigid “if-then” rules built for a slower payments environment. That model is now under strain. As transactions move across digital channels in real time, issuers must evaluate risk, intent and context instantly—not after...
Agentic AI for consumers and shopping seems to be in a holding pattern as merchants and LLMs catch up with the technology and security issues. No surprise then that the past week has seen a spate of enterprise AI developments in The Prompt Economy. Get...
Anthropic is reportedly catching up to rival OpenAI as more businesses adopt its tools. 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...
America’s biggest banks are reportedly beginning in-house tests of Anthropic’s Mythos artificial intelligence model. 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...
BMO has established an enterprise-wide organization focused on artificial intelligence (AI) and quantum computing. 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...
Managing money has always meant tracking accounts across multiple institutions. Most people never get a complete view unless they maintain spreadsheets. Perplexity now offers an alternative. The platform draws insights directly from a user’s own connected financial data, according to a Thursday (April 9) blog...
Walk into a Guitar Center on a busy Saturday, and the sales floor tells the story. Associates are stretched thin, and customers face a choice: wait for help, or scan a QR code and get instant answers. Get the Full Story Complete the form to...
Alternative asset manager Blackstone is considering a $2 billion initial public offering (IPO) for an acquisition company that would buy data centers, Bloomberg reported Friday (April 10), citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
When jobs are lost, paychecks follow. Disappearing paychecks mean disappearing payroll taxes that fund Social Security, Medicaid and SNAP. 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...