The Business & Technology Network
Helping Business Interpret and Use Technology
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Agentic artificial intelligence is gaining momentum across banking and commerce, and payments networks are among the leaders. Case in point: Mastercard announced Jan. 27 the Mastercard Agent Suite, a set of services and customizable AI agents that it said will help businesses build, test and deploy agents in day-to-day operations. Kaushik Gopal, executive vice president of business and...
Watch more: Office of the CFO With Smarsh Ian Goodkind CFOs have traditionally been tasked with keeping things in their place. For years, that has kept CFOs mostly in place themselves, behind the walls of their own finance functions. But change comes fast, and it doesn’t spare the finance department no matter the projections. CFOs are being pulled into questions of strategy, technology...
Instant payouts have moved from novelty to norm, reshaping how consumers expect to receive money across payroll, insurance, rewards and platform disbursements. Nearly three in four consumers have now received at least one payout instantly, a clear sign that instant delivery has reached mainstream scale. Yet the data also shows a growing disconnect between access and habit. While many consumers...
Nearly three-quarters of credit cardholders who requested a limit increase and were denied turned to installment plans as an alternative source of credit, revealing how rejection decisions push consumers toward competing financial products. The findings come from “Credit Limits: Understanding Requests, Denials And The Consumer Experience,” a PYMNTS Intelligence and Elan Credit Card...
Digital wallet use has accelerated, resetting expectations for frictionless commerce, Thales Europe Region SVP Cyril Villemin writes in a new PYMNTS eBook, “2025’s Over/Under: The Bets That Paid Off.” Digital wallets were on issuers’ roadmaps, but Apple Pay’s exponential adoption and eCommerce scale reset payment expectations, making frictionless, tokenized payments the standard and...
Snap positioned artificial intelligence (AI) as the core lever for improving advertiser performance and driving more profitable growth during the fourth-quarter earnings call. The company said it is embedding AI end to end across its advertising platform, from creative development to campaign delivery and optimization, with a focus on direct-response outcomes and return on ad spend. “...
Ahead of the Sunday (Feb. 8) Super Bowl, the venue in Santa Clara, California, was outfitted with technology to combat cyber threats, boost Wi-Fi capacity and power a “massive” 4K videoboard, Reuters reported Wednesday (Feb. 4). For cybersecurity, the NFL set up a cyber command center within the stadium and manned it with the league’s own cybersecurity squad, according to the report....
When Alphabet outlined plans on its fourth quarter earnings call Wednesday (Feb. 4) to invest between $175 billion and $185 billion in capital expenditures during 2026, the range seemed to be less about ambition than necessity. Management framed the commitment during the call with analysts as a direct response to sustained demand for artificial intelligence (AI) compute across consumer...
Target’s new CEO, Michael Fiddelke, said Wednesday (Feb. 4) during a company town hall event that he aims to improve the retailer’s merchandise, in-store experiences and technology, Bloomberg reported Wednesday. Fiddelke, a Target veteran, became CEO Sunday (Feb. 1), according to the report. He assumed that role after a year in which Target shares dropped 28% while the S...
Revolut Business has launched a merchant acquiring product in Australia. The product integrates account-to-account, online and in-person payments within a core business account, enabling businesses to manage their entire payments operation from a single platform, the company said in a Wednesday (Feb. 4) press release. The merchant acquiring suite offers online and in-person tools for...