Data from PYMNTS Intelligence shows that consumer artificial intelligence has crossed a critical threshold: 54% of U.S. adults now use AI for personal tasks, marking a shift from experimentation to everyday utility. At the same time, usage intensity is deepening. The average user now relies...
Mastercard is reportedly looking to divest much of the real-time payments business it acquired from Denmark’s Nets Group in 2019, marking a significant strategic pivot away from certain European instant payment infrastructures and towards emerging digital asset opportunities. The potential sale, initially reported by The...
In the early days of regulated online gaming in the United States, payments were less a utility than a bottleneck. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
The assumption that consumers are motivated primarily by upside has defined the go-to-market playbooks of payments companies, FinTechs and consumer brands for years. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
A finding from a new PYMNTS security report suggests that the technology expanding fraud risk in business payments may also hold its most promising solution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Wells Fargo said Thursday (March 26) that less than three years after it launched its artificial intelligence-powered virtual assistant Fargo, the assistant has helped customers with more than 1 billion transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
A House Financial Services subcommittee hearing on financial technology and regulation explored how much supervisory uncertainty banks are expected to tolerate as regulators rework their approach almost in real time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
An artificial intelligence (AI)-powered shopping assistant that was launched by Macy’s on Monday (March 23) has most often been used by customers to suggest products for completing an outfit and to see what items might look like on the customer, Bloomberg reported Thursday (March 26). Get the...
Harvey raised $200 million in new funding for its legal infrastructure for law firms and in-house teams. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
