The Commodity Futures Trading Commission (CFTC) is hosting a series of roundtables devoted to new technologies in U.S. financial markets. The Frontier Forum series, hosted by the CFTC’s Innovation Task Force, will kick off next month with a discussion of artificial intelligence and agentic finance,...
Amazon will invest another $1.9 billion in its delivery service partner (DSP) program in 2027. This will help DSP’s boost delivery associate (DA) pay to a national average of nearly $24 per hour, Amazon said in its announcement Monday (Sept. 21). “Amazon’s safety investments and...
A DoorDash employee who wants to know why orders dipped in California last week can put the question to an artificial intelligence agent called Vera. Questions like that have previously been the data team’s job. DoorDash built the agent for its own staff. It answers...
Coinbase said it is expanding access to primary financial markets by bringing initial public offering (IPO) allocations to retail traders in the U.S. Starting with Oura’s IPO this week, eligible customers can request shares at the offer price before the beginning of open-market trading, the...
Meta’s Muse reached No. 1 spot on Apple’s App store ranking 10 days after launch. It passed ChatGPT to get there. The debut was quite an auspicious one, and one PYMNTS took for a test drive. First, it’s important to understand a key difference. A...
Mastercard said it has helped Denmark’s Danske Bank reach an agentic payments milestone. Using Mastercard’s Agent Pay, Danske was able to complete a transaction in which an artificial intelligence (AI) agent made both the purchase and payment on a customers’ behalf, the payments giant announced...
Bank of America is ramping up investments in artificial intelligence ventures after initially being skeptical of the industry’s prospects, Bloomberg reported Monday (Sept. 21). Until last year, Bank of America had been wary of AI companies’ ability to sustain their money-losing enterprises amid all their...
Maryland will become the first state to put an outright ban on certain personalized grocery prices into effect Oct. 1, moving beyond the disclosure requirements that have defined much of the early state response to algorithmic pricing. But it may not be the last. Maryland...
Paymob, an Egypt-based FinTech company, raised $35 million in pre-Series C funding, the company said in a Monday (Sept. 21) post on LinkedIn. Paymob said in the post that it will invest the new funding in “wider payment coverage across our [Middle East and North...