Excessive artificial intelligence (AI) investment could make the technology’s boom unsustainable, according to a new Bank for International Settlements report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Industrial robots have historically gone where products are rigid, standardized and produced at scale. Automotive and electronics dominate global installations because their materials and sequences lend themselves to mechanical repetition, the International Federation of Robotics (IFR) reported in its World Robotics 2025 report. Get the...
DeepSeek is reportedly considering a second financing round weeks after concluding its first. 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 Today. By...
Delaware has enacted a sweeping package of banking modernization legislation aimed at updating the state’s financial regulatory framework for digital assets, money transmission and payment stablecoins. The trio of bills reinforces Delaware’s long-standing position as one of the nation’s leading financial services hubs while aligning...
Google DeepMind CEO Demis Hassabis is calling for a United States-led standards body to independently test the world’s most advanced artificial intelligence models for national security threats before release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Visa will soon begin piloting an AI Financial Assistant that financial institutions will be able to add to their banking apps to offer artificial intelligence-powered conversational financial guidance to cardholders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Imagine hiring a real estate agent who secretly works for the seller. That is the worry driving a new push in Washington over artificial intelligence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Flex, a 3-year-old startup offering artificial intelligence-powered banking solutions for medium-sized business owners, was valued at $1.2 billion in a funding round, Reuters reported Tuesday (July 14), citing an unnamed source. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Fraudsters and privacy-conscious consumers have one thing in common. Neither wants to be easily found. 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,...
