FinTech company Avant filed an application to establish an insured national bank called Avant Bank, N.A., the company said in a Friday (Sept. 18) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
California Gov. Gavin Newsom issued an executive order Friday (Sept. 18) that will convene national experts to provide a guide for the state to reinforce and strengthen its laws covering artificial intelligence safety and security, the governor’s office said in a Friday press release. Get...
Many companies can’t put a number on what artificial intelligence does for their productivity. Chewy has one. 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...
Before 2008, new banks routinely entered the U.S. banking system by the dozens each year. Since 2010, they have appeared at a rate of fewer than six a year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
The paper check has spent years as the punchline of B2B payments modernization. The next legacy format is already sitting in the accounts payable inbox. It’s the PDF. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
OpenAI has launched an artificial intelligence foundation designed to be used by law firms and legal technology companies to build AI products and workflows, the company said in a Thursday (Sept. 17) blog post. Get the Full Story Complete the form to unlock this article...
The potential for agentic artificial intelligence and its open issues are well-established. The promise of agentic commerce rests on the assumption that the agent gets the job done. So, Alibaba put the agents to work on real tasks and gave them a grade. Get the...
Ant International has announced an artificial intelligence-native financial stack that includes nearly 100products across payment, account, foreign exchange, treasury and growth operations, the company said in a Friday (Sept. 18) press release. Get the Full Story Complete the form to unlock this article and enjoy...
Silicon Valley Bank’s collapse became shorthand for the digital bank run. Billions of dollars left quickly while warnings and speculation circulated online. Three years later, an independent review is challenging the connection between those two events. Get the Full Story Complete the form to unlock...