Stripe’s investments in machine learning (ML) and artificial intelligence (AI) contributed to the financial infrastructure platform’s rapid growth in 2024, co-founders Patrick Collison and John Collison wrote in their annual letter to the Stripe community that was released Thursday (Feb. 27). “These bets continue to...
Cybersecurity took center stage in 2024 as some of the most sophisticated and damaging attacks in history underscored the vulnerabilities of an increasingly digital operating landscape. From ransomware attacks crippling critical infrastructure to data breaches compromising millions of user records, the year’s events highlighted the...
As demand for faster payments grows, so does the risk of fraud. More than 170 million U.S. consumers received at least one disbursement in the past year, highlighting the need for rapid transactions. According to a PYMNTS Intelligence report, “Protecting Accelerated Disbursements From Fraud,” in...
Behind every modern artificial intelligence (AI) system lies a crucial foundation: massive datasets that serve as the model’s training ground. These collections of information, more significant than any human could process in a lifetime, shape how AI systems recognize images, understand text and process language....
May 21, 2025
The past few weeks have been a roller coaster for consumers. Inflation is still a fact of life, tariffs have influenced what we buy, and from whom. Earnings season has been marked by a slew of companies pulling guidance, because things are so uncertain. But consumers are keeping a tenuous hold on their spending patterns. […]
December 03, 2024
As demand for faster payments grows, so does the risk of fraud. More than 170 million U.S. consumers received at least one disbursement in the past year, highlighting the need...
August 30, 2024
As artificial intelligence (AI) reshapes industries, tech companies are racing to build greener data centers that slash energy costs without sacrificing performance. Firms like Sustainable Metal Cloud (SMC) are at...
August 02, 2024
Consumers are turning to peer-to-peer (P2P) apps like Venmo and Zelle for quick and easy money transfers. But while these services have become ubiquitous, concerns about fraud are casting a...
February 27, 2025
Stripe’s investments in machine learning (ML) and artificial intelligence (AI) contributed to the financial infrastructure platform’s rapid growth in 2024, co-founders Patrick Collison and John Collison wrote in their annual letter to the Stripe community that was released Thursday (Feb. 27). “These bets continue to pay off, increasing revenue for existing customers, encouraging more businesses […]
August 22, 2024
Ceres Imaging has revealed a Series D capital raise and announced its rebranding to “Ceres AI.” When announcing these developments in a Thursday (Aug. 22) press release emailed to PYMNTS,...
April 18, 2024
Consumer credit bureau Equifax said artificial intelligence (AI) is playing an increasing role in its operations. In announcing the company’s quarterly earnings Thursday (April 18), management noted that 70% of the new models...
March 20, 2024
Ateliere Creative Technologies has established an AI Advisory Council to help it develop a road map for adding generative artificial intelligence (GenAI) and machine learning (ML) models to its Ateliere Connect media...