Financial infrastructure company Mural said it has raised $15 million in new funding. The Series A financing round will support the firm’s global expansion and investments in the regulatory and payments infrastructure needed to scale agentic finance, Mural said in a Tuesday (Oct. 20) news...
For a long time, robots made little economic sense for food manufacturers juggling many recipes, each with its own mix of ingredients. Chef Robotics, a San Francisco startup that sells artificial intelligence (AI)-guided robot arms to food plants, now says its robots have handled more...
Hasbro saw 15% year-over-year revenue growth in the third quarter, fueled by its Wizards of the Coast and Digital Gaming segment, according to a Tuesday (Oct. 20) earnings press release. “Despite all of the macro noise in the quarter, we stayed true to our superpower,...
Mastercard has launched early access to Agent Pay for Machines, a tool designed to let autonomous artificial intelligence agents purchase digital services. The new offering builds on x402, an open protocol that allows digital services to request payment online, and “connects it with the trust, security...
After introducing an artificial intelligence (AI) agent for workers in the private sector, Google is shifting its focus to public employees. The tech giant on Tuesday (Oct. 20) announced the preview of its Gemini agent for government services, following the recent launch of Gemini at...
Finastra has launched a cloud-enabled solution designed to help U.S. banks digitize and automate their standby letter of credit (SBLC) flows, without having to deploy a full trade finance platform, the company said in a Monday (Oct. 19) press release. The new Finastra StandbyX offers...
B2B payments company Boost Payments Solutions has launched a partnership with financial operating system Airwallex. The collaboration is designed to enhance Boost’s international commercial card processing capabilities and help it streamline supplier onboarding and simplify cross-border payment processing, the company announced Tuesday (Oct. 20). “Global...
Same Day ACH saw year-over-year increases of about 37% in volume and 32% in value in the third quarter as it met user demand for faster payments, Nacha said in a Tuesday (Oct. 20) press release emailed to PYMNTS. With those increases, the total number...
OpenAI is reportedly rushing to lockdown investors before chief competitor Anthropic goes public next month. That’s according to a report Monday (Oct. 19) by Reuters, which describes the effort as “unusually fast fundraising” that could bring OpenAI’s valuation to more than $1.4 trillion. Two sources...