One year after passing the landmark RAISE Act, a pair of New York lawmakers want the state to double down. State Sen. Andrew Gounardes of Brooklyn and Assemblymember Jordan Wright of Harlem introduced a bill on Thursday (Oct. 29) to build on the earlier AI...
Artificial intelligence agents are processing purchase orders and preparing collections work as businesses automate more of the steps between a B2B sale and payment. PYMNTS Intelligence research with JPMorgan finds surveyed companies automate an average 73% of accounts receivable processes, compared with 55% in the...
Easol raised $30 million in a Series A extension funding round to continue scaling its experience commerce platform designed for festivals, wellness retreats, sports, adventure and location-based entertainment venues, the company said in a Wednesday (Oct. 28) press release. Easol’s extension funding round includes $20...
A mobile wallet can hold several ways to pay. For most users, it holds just one. That leaves card issuers competing for a place in the wallet before the customer ever reaches a store’s payment terminal. The October 2026 PYMNTS Intelligence report, “Apple Pay @12:...
Google parent company Alphabet saw its stock price drop 13%, and its market value lose $500 billion Thursday (Oct. 29), marking the stock’s worst day ever, the Wall Street Journal reported Thursday. The drop followed Alphabet’s release of its quarterly results on Wednesday (Oct. 28), which stoked investors’ fears about...
Google may have finally caught up with its archrivals. Its new Gemini 4 Carbon model ranks first on the Artificial Analysis Intelligence Index, an independent scorecard that had OpenAI and Anthropic ahead for most of the year. OpenAI answered on price, halving the cost of...
Mistral released an updated version of its Large 4 artificial intelligence model, saying in a Thursday (Oct. 29) announcement that it comes with improved coding and cybersecurity capabilities. The model builds on a version released in public preview earlier this month, the French startup said...
Canadian artificial intelligence company Cohere said in a Thursday (Oct. 29) company blog post that it rejects what it called “frontier fatalism.” That’s its term for the belief that AI will be monopolized by a handful of United States and Chinese tech giants. To offer...
American Express has introduced new ways for consumer and business cardholders in the United States to redeem rewards for a deposit into eligible American Express bank accounts, the company said in a Thursday (Oct. 29) press release. For consumers, U.S. Consumer Cash Back Card members...