UnitedHealth Group is using artificial intelligence and streamlined digital tools to tackle rising consumer demand and long-standing operational bottlenecks across the healthcare ecosystem. Speaking during the company’s third-quarter earnings call Tuesday (Oct. 13), CEO Steve Hemsley stressed a company-wide effort to develop modern “agentic infrastructure” designed to care...
Wells Fargo is devoting “significant management time and resources” to building artificial intelligence (AI) capabilities and driving value across its operations, Chairman and CEO Charlie Scharf said Tuesday (Oct. 13) during a third quarter earnings call. The bank is using AI and, in some cases, autonomous agents...
New research shows that consumers are rapidly adopting artificial intelligence (AI) tools to conduct their product research. An October PYMNTS Intelligence report titled “From Prompt to Purchase: Who Wins the AI Shopper?” argues that this shift has created a major commercial opportunity for merchants to win...
Cross River Bank has selected former Lazard Asset Management CEO Evan Russo as its new president. The appointment will see Russo work with Cross River CEO Gilles Gade to help establish the bank as a “trusted infrastructure layer” for payments, banking, digital assets and AI-enabled...
October 07, 2026
The next sanctions shock for a multinational may not arrive as the name of a supplier appearing on a government blacklist. It could arrive as a payment that suddenly stops working. In a Monday (Oct. 5) alert, the Treasury Department’s Office of Foreign Assets Control (OFAC) warned foreign financial institutions that those continuing to transact […]
October 23, 2025
Small business owners are the backbone of local economies, sustaining communities one transaction at a time. They are often small teams, sometimes just a few people wearing many hats, balancing...
August 25, 2025
Open banking in the United States is in flux, characterized by fragmented private efforts and escalating bank-FinTech tension, while Europe evolves under regulation-driven market frameworks. It may be the case...
February 09, 2025
The Consumer Financial Protection Bureau’s (CFPB) new boss has put a hold on consumer protections. Workers at the financial regulator will work from home this week while their headquarters are...
October 13, 2026
Grocery giant Albertsons is planning an extensive overhaul as inflation continues to hinder consumer spending. The company released quarterly earnings Tuesday (Oct. 13) showing a sales dip of 0.8%, and said it was pausing its financial guidance as it undertakes a sweeping business review. “Sales and earnings growth have not met our expectations,” Meg Whitman, Albertsons’ recently appointed executive chair, […]
October 13, 2026
UnitedHealth Group is using artificial intelligence and streamlined digital tools to tackle rising consumer demand and long-standing operational bottlenecks across the healthcare ecosystem. Speaking during the company’s third-quarter earnings call Tuesday (Oct. 13),...
October 13, 2026
Wells Fargo is devoting “significant management time and resources” to building artificial intelligence (AI) capabilities and driving value across its operations, Chairman and CEO Charlie Scharf said Tuesday (Oct. 13) during...
October 13, 2026
New research shows that consumers are rapidly adopting artificial intelligence (AI) tools to conduct their product research. An October PYMNTS Intelligence report titled “From Prompt to Purchase: Who Wins the...
