Alerts
Major U.S. banks are detecting and deleting unauthorized third-party artificial intelligence agents that are taking actions inside customer accounts, Reuters reported Thursday (Oct. 22), citing a paywalled article by Axios. Some of the agents the banks have detected appear to have tried to take acti...
Small businesses in the United States purchasing overseas want faster payments, lower fees and better exchange rates. Financial providers are combining accounts, currency management and spending services around that activity. The PYMNTS Intelligence report “The Cross-Border Opportunity: What Global ...
Imagine hiring a new employee who works around the clock, never takes a break and can place orders or move money on its own. Now imagine hiring that worker without checking references. That is roughly the risk companies take when they rush artificial intelligence agents into their operations. AI age...
There were 6,000 fewer initial claims for unemployment last week than the previous week, with multiple media reports saying the labor market remains about as steady as it has been since the 1960s. There were 194,000 initial claims for unemployment insurance during the week ended Saturday (Oct. 17), ...
Cloudflare reported millions of attempts to exploit newly disclosed vulnerabilities in PHP, or Hypertext Preprocessor, as companies and governments raced to secure websites and online services built on the widely used programming language. Cloudflare Chief Executive Matthew Prince described the rapi...
Barclays plans to eliminate about 5,000 jobs this year as the British bank expands its use of artificial intelligence (AI) and technology to improve productivity and reduce costs, even as third-quarter profits rose. The reductions represent about 5% of the bank’s workforce, Barclays said Thursday (O...
Security flaws discovered with the help of artificial intelligence have triggered an urgent, OpenAI-led effort to protect websites worldwide, PYMNTS reported. The scramble exposes how quickly AI can uncover weaknesses in the software that supports online banking, payments and commerce. The vulnerabi...
Financial technology firm Coast announced in a Thursday (Oct. 22) press release that it has raised $35 million in a new growth equity funding round to expand its payment and expense management platform built for physical economy businesses. Thomvest Ventures led the growth round. New investors Intui...
Salesforce says it will pay $5.6 billion to acquire customer engagement platform Braze. “Every interaction is an opportunity to wow your customers,” Patrick Stokes, president of applications and marketing at Salesforce, said in a news release announcing the planned acquisition Tuesday (Oct. 20). “Mo...
Commerce Bank parent company Commerce Bancshares increased its net income year over year to $155 million in the third quarter, up from $141.5 million in the same quarter in 2025, thanks in part to its diversified business model, the company said in a Tuesday (Oct. 20) press release. “Commerce delive...
TransUnion has introduced new solutions designed to help organizations combat synthetic identity fraud and credit washing. The company says its Credit Washing and Synthetic Fraud Scores, announced Tuesday (Oct. 20), are the first-ever “adverse-actionable” solutions of their kind in the market, meani...
Amazon will begin offering seasonal workers health coverage to attract more workers for the holiday shopping season. The eCommerce giant made that announcement Tuesday (Oct. 20) as it began its annual holiday recruitment effort, aiming to hire 300,000 workers for the season, 50,000 more than last ye...
