PYMNTS News

CFTC to Monitor Use of AI in Derivatives Markets
CFTC to Monitor Use of AI in Derivatives Markets
December 06, 2024  |  Regulation

The Commodity Futures Trading Commission (CFTC) is tracking the use of artificial intelligence (AI) in derivatives markets and intends to monitor CFTC-regulated entities’ use of the...

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Paycheck-to-Paycheck Consumers Eye Job Changes as Labor Market Shows Strength
Paycheck-to-Paycheck Consumers Eye Job Changes as Labor Market Shows Strength
December 06, 2024  |  Economy

It’s a natural reflex, part of human nature: When the pressure’s on, we look to a solution. For consumers living paycheck to paycheck, the prospect...

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HubSpot to Add AI-Powered Conversational Intelligence With Frame AI Acquisition
HubSpot to Add AI-Powered Conversational Intelligence With Frame AI Acquisition
December 06, 2024  |  Acquisitions

HubSpot has signed an agreement to acquire Frame AI, saying it aims to help go-to-market teams “transform conversations into actionable intelligence.” Frame AI’s artificial intelligence (AI)-powered...

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UK Digital Bank Zopa Raises $85 Million for Expansion and GenAI
UK Digital Bank Zopa Raises $85 Million for Expansion and GenAI
December 06, 2024  |  Investments

British digital bank Zopa has raised 80 million euros (about $85 million) in an equity funding round to accelerate its growth and launch new products....

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The Secret to High Global Conversion Rates? Understanding Local Payments
The Secret to High Global Conversion Rates? Understanding Local Payments
December 06, 2024  |  Payment Methods

Consumers decide which payment methods are successful and drive market trends. Regardless of the market, the use case or their locations, their preferred payment methods...

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Update: Real-Time Payments Reach New Milestones Across the US and Beyond
Update: Real-Time Payments Reach New Milestones Across the US and Beyond
December 06, 2024  |  Real-Time Payments

Real-time payments took center stage in 2024, with groundbreaking milestones reshaping how money moves worldwide. From the United States expanding its payment networks to new...

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67% of Telecom Execs See GenAI Enhancing IT Services
67% of Telecom Execs See GenAI Enhancing IT Services
December 06, 2024  |  artificial intelligence

Telecom companies are adopting generative artificial intelligence (AI) and driving a shift in the industry. Initially focused on efficiency, this technology is set to change...

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Walmart’s Gains in Premium Market Shake Up Holiday Sales
Walmart’s Gains in Premium Market Shake Up Holiday Sales
December 06, 2024  |  Retail

Following a strong Black Friday and Cyber Monday, both Walmart and Amazon reported record-breaking sales, with their platforms seeing growth from third-party sellers. Walmart reported...

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nCino’s Weak Guidance Sends FinTech IPO Index 1.6% Lower
nCino’s Weak Guidance Sends FinTech IPO Index 1.6% Lower
December 06, 2024  |  Fintech Investments

The broader tech-heavy NASDAQ was 1.1% higher through the last five sessions, while the Dow hit a record before backing off a bit. But the...

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