Financial regulators and banks have spent years catching artificial intelligence agent mistakes after the fact, tracing errors and assigning blame once the money has already moved. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Financial services firms are moving rapidly to deploy artificial intelligence (AI) in compliance, communications and other business functions, but their use of the technology is raising a deceptively familiar regulatory problem: What records must they keep to prove they complied with rules written before AI...
Cognition AI is reportedly planning a funding round that could more than double its valuation. 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...
Every morning, they start showing up to shop. By the time the East Coast is at work, the crowd is in the tens of millions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Freight brokers have spent years investing in automation, transportation management systems and, more recently, artificial intelligence. 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...
Target has appointed its first chief artificial intelligence officer, the company said in a Tuesday (Aug. 11) article. 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 (AI) agent platform HappyRobot was valued at $1.2 billion post-money in a Series C funding round in which it raised $150 million, the company said in an Aug. 4 press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Fazeshift has secured an investment from Amex Ventures to help expand its artificial intelligence agent platform beyond accounts receivable and into additional finance operations, Fazeshift said in a Tuesday (Aug. 11) press release. Get the Full Story Complete the form to unlock this article and...
The internet’s response to AI slop has mostly worked backward. Platforms scan content after it is already uploaded, then try to guess whether a machine wrote it, an inherently probabilistic bet that it is losing ground as synthetic content gets cheaper to produce. Anthropic, Apple,...