Updating the banking core has traditionally been viewed as akin to docking a cruise ship, with modernization serving as shorthand for incrementalism. Digitize the front end, bolt middleware onto aging cores and keep the balance sheet insulated from technological risk. Get the Full Story Complete...
Several banks are testing the use of agentic artificial intelligence to boost the efficiency of their systems for monitoring trading and spotting potential misconduct, Bloomberg News reported Wednesday (Feb. 25). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Wayve, a United Kingdom-based self-driving vehicle startup, is now valued at $8.6 billion, according to a Wednesday (Feb. 25) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Investment company General Atlantic is reportedly selling an equity stake in ByteDance valuing it at $550 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...
Wall Street had been hoping for a blowout year for tech IPOs (initial public offerings). 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,...
Watch more: What’s Next In Payments With Boost’s Dean M. Leavitt 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. By completing...
A White House economist said a report that warned of potential risks to the economy posed by artificial intelligence (AI) “violates some of the basic accounting in economics,” Bloomberg reported Tuesday (Feb. 24). Get the Full Story Complete the form to unlock this article and enjoy...
Enterprise software contracts were built for tools. Agentic artificial intelligence (AI) is forcing lawyers and procurement teams to rethink them for AI systems. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
The Trump administration is considering requiring banks to collect citizenship information from both new and existing customers, The Wall Street Journal reported Tuesday (Feb. 24), citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...