PYMNTS News

GPS Maker TomTom to Cut 300 Jobs as It Embraces AI

GPS Maker TomTom to Cut 300 Jobs as It Embraces AI
GPS Maker TomTom to Cut 300 Jobs as It Embraces AI
June 30, 2025  |  Personnel

TomTom, the Dutch maker of GPS devices and apps, announced Monday (June 30) that it is cutting 300 jobs as it increasingly incorporates artificial intelligence...

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Kraken Begins Rollout of Tokenized US Stocks and ETFs
Kraken Begins Rollout of Tokenized US Stocks and ETFs
June 30, 2025  |  Cryptocurrency

Kraken has begun rolling out the availability of tokenized U.S. stocks and exchange-traded funds (ETFs) on its crypto platform for eligible non-U.S. clients. Get the...

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Sezzle Debuts Budgeting and Checkout Tools Amid Low Consumer Confidence
Sezzle Debuts Budgeting and Checkout Tools Amid Low Consumer Confidence
June 30, 2025  |  Personal Finance

Sezzle has introduced features it says are designed to help customers weather increased financial pressure. Get the Full Story Complete the form to unlock this...

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Microsoft Says AI Tool Outperforms Physicians on Complex Medical Cases
Microsoft Says AI Tool Outperforms Physicians on Complex Medical Cases
June 30, 2025  |  Artificial Intelligence

Microsoft AI said Monday (June 30) that the Microsoft AI Diagnostic Orchestrator (MAI-DxO) correctly diagnoses 85% of diagnostically complex cases published by the New England Journal...

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Bolt Adds Klarna’s Pay-Later Options to Its Checkout System
Bolt Adds Klarna’s Pay-Later Options to Its Checkout System
June 30, 2025  |  BNPL

Pay-later provider/digital bank Klarna has launched a partnership with checkout and identity platform Bolt. Get the Full Story Complete the form to unlock this article...

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Banks Adopting AI Agents After Seeing Benefits of AI Chatbots
Banks Adopting AI Agents After Seeing Benefits of AI Chatbots
June 30, 2025  |  Artificial Intelligence

Artificial intelligence (AI) chatbots and AI agents are reportedly taking on more tasks in the financial services industry. Get the Full Story Complete the form...

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Tax ID Rule Changes Open Door for AI-Powered Bank Verification
Tax ID Rule Changes Open Door for AI-Powered Bank Verification
June 30, 2025  |  Banking

The digital age demands banks find new ways to ascertain at the point of onboarding that customers, whether enterprise clients or individuals, are who they...

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Home Depot Hopes to Build Up Pro Segment With GMS Acquisition
Home Depot Hopes to Build Up Pro Segment With GMS Acquisition
June 30, 2025  |  Partnerships

Last year, Home Depot acquired SRS Distribution, a distributor for roofing firms and construction projects. Get the Full Story Complete the form to unlock this...

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