Consumer spending and the investments in artificial intelligence (AI) and electrical infrastructure have kept the United States economy strong, and they are expected to continue to do so, Neel Kashkari, president and CEO of the Federal Reserve Bank of Minneapolis, said Wednesday (Jan. 14). Get the Full...
Procurement functions are rapidly shifting from manual, paper-based workflows to artificial intelligence-driven systems that speed execution and surface deeper commercial insights. According to research quoted by Oracle, AI can reduce the time to complete common procurement tasks like processing contracts or purchase orders by up...
Anthropic unveiled Cowork this week as a preview feature inside its Claude artificial intelligence platform that lets the model function not just as a reactive conversational tool but as a hands-on collaborator across a user’s desktop. Get the Full Story Complete the form to unlock...
Shadow AI is rapidly becoming the generative AI risk that compliance leaders do not discover until something breaks. Even as enterprises deploy “approved” copilots and internal model platforms, employees are increasingly leaning on consumer chatbots, browser plug-ins and personal AI accounts to draft client emails,...
Invoice-to-pay automation provider Edenred Pay has joined forces with business payments/cash management company Bottomline. 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...
Microsoft is reportedly upping its spending on Anthropic, chief rival to partner OpenAI. 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....
In the wake of the government shutdown, the delayed November retail sales report that debuted Wednesday (Jan. 14) offers a clear snapshot of how, and where, consumers were spending as the holiday season approached, revealing a familiar but important theme: online channels remained a steady...
Indiana-based Citizens State Bank will leverage MANTL’s omnichannel account opening products as it works to transform its retail and business deposit account opening experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
HSBC is reportedly considering selling its insurance business in Singapore, which could be valued at over $1 billion. 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...
