Moov has announced Moov Money, a real-time, person-to-person (P2P) payment solution. Created in collaboration with Visa and Mastercard, Moov Money lets consumers send and receive funds through their digital banking provider with just an eligible debit card and a trusted mobile phone connection, the company...
PayPal partnered with Meta on agentic shopping, PayPal said in a Tuesday (Sept. 22) post on social platform X. “We’re excited to partner with [Meta] to enable PayPal customers to seamlessly shop and check out using their [Muse] personal AI agents across PayPal merchants worldwide,”...
With their customers worn down by pricing shifts, software/cloud companies including Amazon, Microsoft and Figma are reportedly offering artificial intelligence (AI) discounts. That’s according to a report Tuesday (Sept. 22) by The Information, which said these markdowns are happening as customers are growing more selective...
Heidi raised $340 million in new funding to expand the capabilities of its AI Care Partner for clinicians and to support its growth, the company said in a Tuesday (Sept. 22) press release. The new funding includes a $100 million Series C funding round led...
Venture capital firm Andreessen Horowitz launched an alternative school for rising tech talent, The Wall Street Journal reported Tuesday (Sept. 22). The idea is to keep budding entrepreneurs from dropping out of school to launch a company and instead attend the Horowitz Andreessen Academy, according...
A group of six banks is calling for artificial intelligence shopping transactions to carry an auditable record of what a customer asked an agent to do, what authority the customer granted, and what happened before and after payment. The proposal addresses the issue of whether...
Artificial intelligence hyperscalers could spend $1 trillion next year, JPMorganChase Chairman and CEO Jamie Dimon told CNBC in an interview posted Monday (Sept. 21). That figure would be up from the $700 billion the hyperscaler ecosystem is spending this year and the $300 billion it...
A group of global banks has issued a warning about safety risks tied to agentic commerce. That warning came as part of a set of principles published Tuesday (Sept. 22) by six banks — ASB Bank, Bank of America, Capital One, Commonwealth Bank of Australia, ING and NatWest — and designed to create a framework...
Some of the world’s largest banks have reportedly handled billions of dollars for a Kremlin-backed FinTech that used forgery to enter the international financial system. An investigation by the Financial Times (FT) published Monday (Sept. 21) found that A7, a company established as an alternative...