PYMNTS News

Goldman Debuts in-House AI That’s ‘Like Talking to an Employee’
Goldman Debuts in-House AI That’s ‘Like Talking to an Employee’
January 21, 2025  |  artificial intelligence

Goldman Sachs has introduced an AI assistant for its traders, bankers and asset managers. Marco Argenti, the bank’s chief information officer, tells CNBC in an interview published Tuesday...

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Entrust Adds AI-Powered Verification to ID Platform
Entrust Adds AI-Powered Verification to ID Platform
January 21, 2025  |  Authentication

Entrust has added artificial intelligence (AI)-powered verification to its identity-as-a-service (IDaaS) platform. The new offering, announced Tuesday (Jan. 21), is being introduced to respond to...

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KeyCorp Eyes Embedded Banking Expansion as Deposits Climb in Q4
KeyCorp Eyes Embedded Banking Expansion as Deposits Climb in Q4
January 21, 2025  |  Earnings

In its fourth-quarter results released Tuesday (Jan. 21), financial institution KeyCorp, noted growth in its deposits. Management stated on a conference call with analysts that...

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Trump Repeals Biden’s Executive Order on AI Development and Use
Trump Repeals Biden’s Executive Order on AI Development and Use
January 21, 2025  |  Artificial Intelligence

One of President Joe Biden’s executive orders that was revoked by President Donald Trump on his first day in office was an October 2023 order...

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Report: OpenAI, SoftBank and Oracle to Announce AI Infrastructure Joint Venture
Report: OpenAI, SoftBank and Oracle to Announce AI Infrastructure Joint Venture
January 21, 2025  |  artificial intelligence

President Donald Trump is reportedly set to announce private sector investment of up to $500 billion in artificial intelligence infrastructure. The investment will come from...

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Conversica Debuts Conversational AI Tool for Auto Dealers
Conversica Debuts Conversational AI Tool for Auto Dealers
January 21, 2025  |  artificial intelligence

Conversational artificial intelligence (AI) provider Conversica has introduced a solution for automotive dealerships. The company’s new AI agents — powered by the AnswersIQ for Auto...

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Adoption of AI in Cybersecurity Grows, but Experts Say Risks Remain High
Adoption of AI in Cybersecurity Grows, but Experts Say Risks Remain High
January 21, 2025  |  Cybersecurity

With scams, fraud and new ways for criminals to commit financial crimes springing up seemingly by the hour, the World Economic Forum 2025 in Davos, Switzerland,...

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Paytm CEO Expects Digital Bank Recovery Following Regulatory Suspension
Paytm CEO Expects Digital Bank Recovery Following Regulatory Suspension
January 21, 2025  |  Digital-First Banking

The founder of Paytm expects the company’s banking unit to spring back to life. Last year, the Reserve Bank of India (RBI) all but shuttered...

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Indonesia’s Antitrust Agency Fines Google $12.4 Million
Indonesia’s Antitrust Agency Fines Google $12.4 Million
January 21, 2025  |  Google

Google has reportedly been ordered by Indonesia’s antitrust agency to pay fines of 202 billion rupiah (about $12.4 million) for alleged unfair business practices. The...

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