News

Banking
PNC Says Growth Markets and ‘Tariff-Related Considerations’ Drive Surge in Commercial Loans
July 16, 2025

PNC Financial Services Group generated its highest level of new commercial loan production in 10 quarters during the second quarter, PNC Chairman and CEO William S. Demchak said Wednesday (July 16) during the bank’s quarterly earnings call. Get the Full Story Complete the form to unlock this article...

Banking
Lloyds Bank Rolls Out Generative AI Tool Athena
July 16, 2025

Lloyds Banking Group reportedly has rolled out a new generative AI-powered knowledge hub to reduce the time it takes employees to find information and respond to customer queries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Retail
Estée Lauder Targets Younger Consumers in New Digital Push
July 16, 2025

Estée Lauder is reportedly embarking on a new online retail push to reinvigorate slumping sales. 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...

Artificial Intelligence
AI Startups: Heron Aims to Organize Business Data
July 16, 2025

AI startup Heron said Tuesday (July 15) that it has raised $16.6 million in a Series A funding round. 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...

Artificial Intelligence
Thinking Machines Raises $2 Billion Amid AI Deal Boom 
July 16, 2025

Former OpenAI executive Mira Murati’s startup Thinking Machines has just raised $2 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 our daily newsletter, PYMNTS Today....

Artificial Intelligence
Search Marketing Loses Ground as AI Reshapes Consumer Discovery
July 16, 2025

For years, small and mid-sized businesses (SMBs) have relied on search engine optimization (SEO) to drive discovery, traffic and sales. But the rise of generative artificial intelligence (AI) is fundamentally changing how people find information online, and with it, the businesses behind them. Get the...

Artificial Intelligence
AWS and Vonage Partner to Distribute ‘Natural-Sounding’ AI Voice Agents
July 15, 2025

Amazon Web Services (AWS) and Vonage have partnered to deliver “natural-sounding” artificial intelligence (AI) voice agents for use in customer support and proactive outbound engagement like reminder calls and follow-ups. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Artificial Intelligence
Google, Meta and Others Pledge Billions of Dollars to Build AI Data Centers
July 15, 2025

Google, Meta, Blackstone and CoreWeave are planning to collectively spend hundreds of billions of dollars to build data centers for artificial intelligence, as the arms race heats up to build the computing power needed by this advanced technology. Get the Full Story Complete the form...

Artificial Intelligence
BNY Says 96% of Employees Use In-House AI Platform
July 15, 2025

BNY has seen nearly all its employees adopt the bank’s artificial intelligence platform, Eliza, and the bank expects the technology to help them serve clients and grow the company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...