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Beyond consumer spending trends and tariffs, earnings season also has shed light on how artificial intelligence (AI) is reshaping the financial services landscape, with both established banks and FinTech platforms leveraging advanced algorithms to fine-tune and fortify their operation. The companies featured below are by no means exhaustive, but offer a sampling of AI’s diverse applications...
Riskified and HUMAN Security have partnered to help merchants prevent fraud and abuse when dealing with artificial intelligence (AI) shopping agents.
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This collaboration brings together HUMAN Security’s HUMAN Sightline featuring AgenticTrust and Riskified’s eCommerce risk management expertise, the companies said in a Wednesday (Aug. 13) press release.
The new tools...
Affirm is launching two integrations aimed at expanding its buy now, pay later (BNPL) options across both online and in-person retail, deepening its ties with Google and Stripe.
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On Tuesday (Aug. 12), the San Francisco-based payments company said U.S. shoppers using Google Chrome’s desktop browser can now select Affirm directly from the browser’s autofill menu at...
Casual dining restaurant owner Brinker International said Wednesday (Aug. 13) that advertising brought more diners into its Chili’s restaurants during the quarter ended June 25, while operational improvements kept them coming back.
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Brinker International, which owns Chili’s and Maggiano’s, saw year-over-year comparable sales for the quarter at Chili’s increase by 23.7%,...
This week, 31 years ago, a man in Philadelphia bought a Sting CD with his credit card over the internet.
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He inadvertently created eCommerce. That transaction, conducted on Aug. 11, 1994, via NetMarket, took place during a point in history when dial-up modems squealed, and websites looked like digital bulletin boards.
Three decades later, and online shopping is no mere...
The lowly spreadsheet is getting an agentic AI upgrade.
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Fundamental Research Labs, an artificial intelligence startup launched out of MIT, has created Shortcut, a system of AI agents that can do multi-step work on Excel, such as creating discounted cash flow models in finance.
The user writes a prompt in natural language and uploads documents for the AI agents to “read...
Tech startups are reportedly hiring more software engineers and other positions related to research and development (R...
Zelle operator Early Warning Services is being sued by New York State Attorney General Letitia James, who alleged that the company fails to protect its users from “massive amounts of fraud.”
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The Office of the New York State Attorney General said in a Wednesday (Aug. 13) press release that its investigation found that Early Warning Services designed Zelle without...
The U.S. debt clock didn’t just notch another record Tuesday (Aug. 12), it smashed it. The deficit blew past $37 trillion, effectively creating a shadow benchmark that could soon rival the Federal Reserve’s policy rate in steering borrowing costs across the economy.
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According to the Treasury’s daily statement Monday (Aug. 11) the $37 trillion figure is five years ahead ...