Microsoft’s president says artificial intelligence now faces less regulatory oversight than appliances and dairy products. This lack of oversight underscores the urgent need for global artificial intelligence (AI) regulation, Brad Smith said in a BBC interview Monday (Oct. 12). “Right now, your washing machine is subject to more safety...
Watch more: Monday Conversation With Kastle’s Rishi Choudhary Rishi Choudhary, Co-Founder and CEO of Kastle, believes that banks have been approaching AI modernization from the wrong end of the technology stack: the legacy end. For years, he said, the industry’s transformation agenda has been dominated by...
Corporate treasury is approaching an uncomfortable reality about artificial intelligence. Almost every firm has it, but relatively few companies can demonstrate that it is making them financially better off. Findings in the latest 2026 edition of the Working Capital Index (WCI) from PYMNTS Intelligence reveal...
A failed payment can look small on a transaction screen. For the business waiting on the money, the effects can spread fast. Revenue gets delayed, staff spend more time fixing problems and customers can lose confidence in the payment experience. “The Payment Guarantee Gap: Why...
Running a small business has always meant doing more with less. The owner takes the morning shift, answers customer emails on lunch, reconciles the books at night and handles scheduling on weekends. Every hour spent on operations is an hour not spent on the work...
Digital bank customers are more willing than the broader banking population to move transactions to Pay by Bank when the payment method comes with discounts and buyer protection, according to PYMNTS Intelligence research. The findings come from “Pay by Bank Deep Dive: Digital Bank Users...
Amazon is reportedly in discussions to purchase artificial intelligence startup Decart in a roughly $7 billion deal. That’s according to a report Sunday (Oct. 11) by The Wall Street Journal (WSJ), citing sources familiar with the matter. Those sources say a deal could come together...
The White House is reportedly requiring artificial intelligence companies to report and correct security incidents. The mandate from the White House Super Intelligence Force came Friday (Oct. 9) after Anthropic disclosed a series of breaches, Axios reported. “This notification and remediation process is not optional,”...
Ramp has reportedly reached a $60 billion valuation with its newest funding round. That’s according to a report Friday (Oct. 9) by Bloomberg News, citing sources familiar with the matter. They said the spend management platform brought in $1.85 billion in the round, and that...