FinTech

Singapore-based ride-hailing/delivery platform Grab is touting its artificial intelligence (AI) use amid increasing revenues. “AI is now embedded in the Grab way of life, whether it’s in our products or the way we work,” Peter Oey, chief financial officer of the ride-hailing and delivery platform, t

The legislation lays the groundwork for a potential overhaul of India's zero-merchant-discount-rate regime, under which businesses have not paid fees to accept UPI payments since 2020.

An FBI agent has allegedly turned himself in for stealing roughly $1 million in cryptocurrency. Patrick Steven Yaroch had contacted a Department of Justice (DOJ) employee last week and admitted to making “very poor decisions related to cryptocurrency wallets,” according to an FBI affidavit filed Mon

Instant payments are no longer simply a payments product. They are becoming commercial banking infrastructure. That’s the case for financial institutions and their clients who are savvy to what real-time infrastructure can offer their corporate finance function. The PYMNTS Intelligence report “The B

Governance must shape how agents are designed, tested and monitored from the start, Volante Technologies Chief Product, Engineering and Delivery Officer Deepak Gupta writes in a new PYMNTS eBook, “Building the Agent-Ready Payments Enterprise.” The inflection in agentic AI won’t be defined by what ag

Watch more: Need to Know With Bretton AI’s Will Lawrence Every artificial intelligence (AI) tool a bank adds to solve one risk problem gives it another vendor to vet, another platform to monitor and another set of decisions to explain to regulators. That’s the paradox at the center of the next phase

Digital wallets are no longer simply changing how consumers present a payment at checkout. They’re also beginning to change where the money comes from. That shift stands out in “Apple Pay @11: Usage Is Up, but Competitors Are Gaining Ground,” a PYMNTS Intelligence report based on a survey of 3,339 U

Watch more: TechReg Talks With Douglas Grimm of ArentFox Schiff and Doug McCormack of Acumen Partners The conventional story about healthcare artificial intelligence is that regulation slows innovation. Reduce the regulatory burden, that argument goes, and more startups can enter the market, hospita

Bill payment solution provider Paymentus posted record revenue in the second quarter as service providers sought to secure customer loyalty by providing a satisfying billing experience, Paymentus Founder and CEO Dushyant Sharma said during a Monday (Aug. 3) earnings call. Citing findings from an upc

Banking-as-a-service has traditionally had sponsor banks for doing everything themselves: issuing accounts, holding deposits, processing payments and financing lending. But latest earnings from two sponsor-bank operators suggest some flexibility in the model, where deposits can be managed independen

Retail spent two years bolting chatbots onto websites that could field a shopper’s specific questions but never close a sale. Voice agents built on models like OpenAI’s GPT-Realtime are changing that, holding real sales conversations, asking the same probing questions a floor associate would and ada

Twenty-five states filed a lawsuit Monday (Aug. 3) asking the U.S. Court of International Trade to declare the Trump administration’s latest tariffs illegal, the Office of the New York State Attorney General said in a Monday press release. The lawsuit alleges that the administration violated Section