This week in artificial intelligence (AI) news, Intuit in introducing AI agents for its enterprise clients, while voice AI startups drew in an eightfold increase in investments last year compared to 2023. AI pioneer Yoshua Bengio launched an AI safety nonprofit, and AI coding tools...
HSBC became a strategic investor in Token.io to help accelerate the growth of Token.io’s pay-by-bank infrastructure. 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...
The most visible sign this week of enthusiasm for FinTechs — call it a form of financial enthusiasm, perhaps — was, arguably, the stratospheric rise of Circle shares in their debut on the public markets on Thursday (June 5). Get the Full Story Complete the...
As Apple heads into its annual developers conference this coming week, it is facing a slew of problems that has led to a stock price slide of 20% this year thus far, the worst performance since at least 2010. Get the Full Story Complete the...
Cross-border payments don’t have a small bank problem; small banks have a cross-border problem. 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...
The rising adoption of stablecoins could reportedly increase the volatility of U.S. Treasury securities with short-term maturities. 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...
The share of venture capital (VC) investors who expect VC funding to rise over the next year has fallen by 20 percentage points over the last six months, according to PitchBook. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
When Alex Schlesinger, founder and CEO of insurance firm Active Mutual, faced the tough reality of training sales agents without the budgets or trainers big firms could afford, he turned to something unexpected: an AI chatbot. Get the Full Story Complete the form to unlock...
Fiserv has agreed to acquire the remaining 49.9% stake in AIB Merchant Services (AIBMS) from AIB Group, aiming to strengthen its merchant services footprint across Ireland and Europe. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...