Alerts
Consumer credit is still growing, but consumers eased off the form of borrowing they can adjust most readily from month to month. Federal Reserve data released Wednesday (Oct. 7) show consumer credit expanded at a seasonally adjusted annual rate of 1.9% in August, less than half July’s revised 4.1% ...
A saved haircut on Pinterest now comes with a script for the stylist. Pinterest launched Beauty Guides on Tuesday (Oct. 6), PYMNTS reported. The artificial intelligence tool turns hair and nail Pins into step-by-step plans that users can bring to the appointment. Users open a hair or nail Pin and ta...
Microsoft announced new software tools and devices that are designed to make personal computers ready for artificial intelligence agents, the company said in a Wednesday (Oct. 7) blog post. The growing use of AI agents has raised the bar for compute, security and control, Pavan Davuluri, executive v...
Revolut’s CEO for Western Europe, Béatrice Cossa-Dumurgier, said the company will pay the cost of new identity documents for customers impacted by the data breach Revolut disclosed in September, Reuters reported Wednesday (Oct. 7). During an interview with BFM TV, Cossa-Dumurgier said, per the repor...
New Cox Automotive projections show used car prices dipping more than previously expected. The forecast from the automotive industry data solutions company Wednesday (Oct. 7) comes as consumers continue to exhibit declining sentiment amid high interest rates and gas prices. Cox says it has lowered t...
Google plans to launch an artificial intelligence (AI)-powered gaming platform in partnership with video game company Unity. The partnership is designed to “put game creation in the hands of millions of new creators, and bring new experiences to billions of players worldwide,” Google said in a Wedne...
Mpower Financing, an American lender focused on loans to international students, is reportedly shutting down. That’s according to a report Wednesday (Oct. 7) by Bloomberg News, which calls this one of the biggest corporate implosions related to President Donald Trump’s immigration crackdown. Accordi...
Noah, a stablecoin payments infrastructure provider focused on cross-border transactions, closed its seed funding round at $38 million, the company said in a Wednesday (Oct. 7) press release. Noah closed the round after raising an additional $16 million from new and existing investors, according to ...
The corporate finance provider landscape has traditionally been defined by a simple truth. However sophisticated enterprise resource planning (ERP) became, eventually someone still had to go to the bank to move the money. But the news Tuesday (Oct. 6) that SAP has launched new embedded payments capa...
Meta is debuting new artificial intelligence capabilities and campaign tools designed to help advertisers and agencies discover new customers, according to a Tuesday (Oct. 6) announcement on its website. The offerings include an expansion of Meta’s Ads Creative Studio to more advertisers, per the an...
Melius, a startup offering AI agents for creative work, has raised $25 million in new funding. The new financing, announced Tuesday (Oct. 6), will help Melius expand its platform, designed for people using artificial intelligence (AI) to create images, videos and ad campaigns. “Transitioning from wa...
Neobanks are spending far more on fraud prevention even as their fraud losses continue to rise. Fraud prevention spending among neobanks, digital-only banks and FinTechs jumped 357% in a year, from $1.8 million to $8 million per institution, according to the PYMNTS Intelligence report “Scams Get Per...
