Artificial Intelligence

PYMNTS covers artificial intelligence as it transforms payments, commerce and financial services, from generative AI and agentic commerce to fraud detection, underwriting and customer engagement. Our reporting pairs breaking news with proprietary data and expert analysis to examine how AI is reshaping business models, operational efficiency and competitive dynamics across the connected economy.
Artificial Intelligence
AI Sector Takes Aim at California Safety Bill
August 08, 2024

A bill in California would require artificial intelligence companies to conduct tests to prevent “catastrophic harm.” 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...

Artificial Intelligence
GenAI Tools Show Promise of Reducing Payments Fraud by 85%
August 08, 2024

The landscape of payments fraud is undergoing a shift as traditional detection methods become increasingly inadequate against sophisticated fraud schemes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Artificial Intelligence
Taco Bell Goes All-in on AI Drive-Thrus as McDonald’s Steps Back
August 07, 2024

By year’s end, hundreds of Taco Bell drive-thrus could be taking orders without a human on the other end of the speaker. Yum Brands’ ambitious deployment of artificial intelligence (AI) at its flagship Mexican-style fast food chain signals a potential sea change in how America...

Artificial Intelligence
Zest AI Launches Fraud Detection Solution
August 07, 2024

Zest AI unveiled a tool to identify fraudulent activity during the loan decisioning process. 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 newsletter, PYMNTS...

Artificial Intelligence
Wendy’s Purchasing Co-op to Deploy Palantir’s AI-Powered Supply Chain Solutions
August 07, 2024

Wendy’s Quality Supply Chain Co-op (QSCC), a purchasing cooperative that services more than 6,400 Wendy’s restaurants in the United States and Canada, teamed with Palantir Technologies to accelerate its digital transformation and adoption of artificial intelligence. Get the Full Story Complete the form to unlock...

Artificial Intelligence
AI Firms Seek Big Tech Rescues as Enthusiasm Wanes
August 06, 2024

Character.AI and Google. Adept AI and Amazon. Microsoft and Inflection. 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 newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from...

Artificial Intelligence
OpenAI Co-Founder John Schulman Joins Anthropic
August 06, 2024

One of OpenAI’s co-founders is departing the company to join artificial intelligence (AI) competitor Anthropic. 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 newsletter,...

Artificial Intelligence
Rich Data Co to Accelerate Expansion of AI Decisioning Platform
August 05, 2024

Australian company Rich Data Co (RDC) has secured an additional AU$9 million (about $5.9 million) in funding to accelerate the expansion of its artificial intelligence (AI) decisioning platform for business and commercial lenders in North America. Get the Full Story Complete the form to unlock...

Artificial Intelligence
Contextual AI Raises $80 Million to Scale Enterprise AI Platform
August 05, 2024

Contextual AI has raised $80 million in a Series A funding round to scale operations and accelerate the go-to-market for its production-grade large language models (LLMs) for enterprises. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...