News

Artificial Intelligence
Visa AI Head Predicts ‘Very Fast’ Timeline for GenAI Integration
January 22, 2025

GenAI is part of many conversations these days. And it’s true the technology has the potential to transform businesses — improving customer support, risk management and even commerce itself. But as Sam Hamilton, head of AI and Data at Visa, told Karen Webster in the...

B2B Payments
Is GenAI the Secret Weapon Invoices Have Been Waiting For?
January 22, 2025

The digitization of B2B payments has proceeded along a path where FinTechs, platforms, banks and corporates work in sync to cut down on paper and manual processes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Banking
Capital One’s Card Purchase Volumes Grow 7%, Charge-Off Rate Is 6%      
January 21, 2025

Capital One’s fourth quarter results, released after the market closed on Tuesday (Jan. 21), indicated that consumers continue to spend on their cards, and stripping out one-time items, credit performance was flat along several metrics. Get the Full Story Complete the form to unlock this...

Banking
Fifth Third Gains Deposits by Investing in Branches and Banking Platform
January 21, 2025

Ohio-based Fifth Third Bancorp is seeing gains from its investments in new branches in the Southeast U.S. and its digital banking platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Artificial Intelligence
Google DeepMind CEO: AI-Designed Drugs Coming to Clinical Trials in 2025
January 21, 2025

Nobel laureate and Google DeepMind CEO Demis Hassabis said Tuesday (Jan. 21) that he expects to see pharmaceutical drugs designed by artificial intelligence (AI) to be in clinical trials by the end of the year. Get the Full Story Complete the form to unlock this...

Artificial Intelligence
AWS, PepsiCo and Other CEOs Tell What’s Needed to Scale AI
January 21, 2025

The CEOs of several Global Fortune 500 companies said artificial intelligence (AI) is revolutionizing their operations, while acknowledging that most companies are still grappling with implementing and scaling it, during a power-packed panel Tuesday (Jan. 21) before the World Economic Forum (WEF) in Davos, Switzerland....

B2B Payments
Springbrook Adds AI Tool for Invoicing to ERP Platform
January 21, 2025

Springbrook Software added an artificial intelligence tool for invoicing to its Cirrus enterprise resource planning (ERP) platform for local governments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
You Can’t Teach an Old Tech Stack New Payments Tricks
January 21, 2025

The tech stack is the engine that keeps businesses running, but for many financial services firms, it remains a labyrinth of outdated systems and cumbersome processes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Highnote Raises $90 Million to Grow Unified Payments Platform
January 21, 2025

Highnote has raised $90 million in a Series B funding round to continue to grow its unified payments platform. 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...