News
Fin Tech Finds a New Category in AI's Untracked Costs
6+ day, 1+ hour ago (539+ words) As artificial intelligence agents spread across enterprise operations, spend management platforms are racing to fill a gap that traditional finance systems were never built to handle. Ramp, a financial operations platform, raised $750 million at a $44 billion valuation this month, nearly…...
Databricks Launches Agentic Coworker Fueled by All Business Data
1+ week, 1+ day ago (406+ words) Databricks has launched an agentic coworker called Genie One designed to help business teams automate and orchestrate their work across data from inside or outside Databricks. Genie One is the successor to the first generation of Genie, which only used…...
Agentic AI and Banks: Who Signs Off on the Machine?
3+ week, 5+ day ago (342+ words) Agentic AI can perform multistep banking workflows rather than simply provide recommendations. Fraud prevention depends on controlling what AI agents are permitted to do, not just what they can access. " Banks are becoming comfortable with automation. Software reviews transactions, flags…...
Big Data Has a Bigger Execution Problem
1+ mon, 3+ day ago (660+ words) The financial services sector has spent the better part of a decade treating data as the definitive competitive asset. Whoever has the most transaction history, the richest behavioral signals, the deepest customer profiles, wins. That intuition has shaped acquisition strategies,…...
PYMNTS | AI Agents Turn Open Banking Into an Accountability Test
1+ mon, 6+ day ago (60+ words) This week, Fiserv launched an operating system built to deploy and govern AI agents across core banking workflows at scale....
PYMNTS | Banks and Fin Techs Watch as Regulators Redraw Data Rules
1+ mon, 6+ day ago (15+ words) European Commission economist Bruno Carballa-Smichowski says data dominance is hardening into permanent market structure....
Fiserv and Open AI Bring Frontier AI to Banks
1+ mon, 1+ week ago (356+ words) Fiserv has announced an agentic artificial intelligence (AI) operating system designed for banking and a collaboration with Open AI'to put frontier AI to work for financial institutions. The new operating system,'agent OS, is designed to help financial institutions deploy,…...
Data Is Dead as a Competitive Advantage. 12 Executives Share What's Next
1+ mon, 2+ week ago (1323+ words) As companies move from stockpiling data to operationalizing it, 12 payments leaders share with PYMNTS why, against a backdrop where data has become abundant and even commoditized, the new competitive battleground is shifting toward speed, context, and execution at scale. The…...
GITEX Almaty: Central Asia Has a Rare Window to Shape Its Own Payment Rails, Industry Leaders Say
1+ mon, 2+ week ago (367+ words) S1 LKPAY and 8 B leaders, on a Forbes Georgia-moderated panel, set out how interoperability, stable coins, and AI-driven routing will reshape regional commerce - and what Kazakhstan and its neighbors must build now. Moderated by Shota Dighmelashvili, Editor in Chief of Forbes…...
Economists Challenge the 'Data Equals Power' Narrative
2+ mon, 1+ week ago (1066+ words) Data can intensify competition or enable sharper consumer extraction, depending on its use. Regulators must choose between exploitative and exclusionary theories in digital markets cases. Data trade, not scale alone, now determines how mergers should be evaluated. Watch more: Tech…...