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TD Bank Group’s TD Merchant Solutions will use payments and financial technology from Fiserv, including the point-of-sale system Clover, for its merchant business in Canada.
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That move is part of a new multi-year strategic managed services program agreement signed by the two companies, they said in a Wednesday (July 23) press release.
In addition, the companies have...
Businesses and trade groups are reportedly scrambling to have a say in federal artificial intelligence (AI) regulations.
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That’s according to a report Wednesday (July 23) from the Financial Times (FT), which said that more than 500 organizations lobbied the Trump administration and Congress regarding AI between January and June of this year.
That figure, based on the FT’...
Maybe it was when Ruoming Pang, the executive leading Apple Intelligence, jumped ship earlier this month to Meta’s new Superintelligence Labs. Or when a leaked internal memo in March described Apple’s AI efforts as “ugly and embarrassing.”
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Or the June announcement that Siri’s AI-powered reboot, already a year overdue, won’t arrive until mid-2026. Two years after Apple...
OpenAI’s CEO says the banking sector is facing a “significant impending fraud crisis.”
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That’s because artificial intelligence (AI) has advanced to the point that it can impersonate someone’s voice to get around security protocols and move funds, Sam Altman said at a Tuesday (July 22) Federal Reserve conference in Washington.
“A thing that terrifies me is apparently...
Amid mounting economic pressures and intensifying competition from FinTechs and challenger banks, financial institutions (FIs) are navigating a rapidly evolving landscape. Consumers now favor innovative, tech-driven financial solutions, challenging traditional banks to differentiate themselves.
To stay competitive, FIs must double down on loyalty, seamless payment systems, advanced fraud...
Watch more: Embedded Payments and What Software Platforms Are Leaving on the Table
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Software platforms run the world. Healthcare, logistics, travel, insurance — every industry now relies on software to streamline operations and deliver value.
However, as macroeconomic pressures mount, embedding payments into those platforms has moved from a differentiator to a...
As the travel sector continues its recalibration journey post-pandemic, industry platforms are responding to a convergence of shifts by rethinking how they serve both customers and suppliers.
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The sector’s rebound is becoming defined by three themes: a resurgence of spontaneity-driven travel, a retreat from complexity, and the rise of dual-sided marketplaces.
“There’s a...
Global trade policy, long an abstract debate, now directly impacts the pocketbooks and grocery carts of consumers in the United States.
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The PYMNTS Intelligence report “Stock Out. The Impact of Tariffs on Consumer Product Prices and Availability” reveals how global trade policies are transforming into tangible financial burdens for U.S. households. The study highlights...
Changing consumer expectations, technology and competitive pressures are impacting the payments industry, Mark Smith, Head of Payments for Financial Services at AWS, writes in a new PYMNTS eBook, “Halftime 2025: Charting the Future of Payments.”
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Mergers, acquisitions and spin-offs are transforming the 2025 payments industry, paralleling the strategic shifts of 2019....
Innovation is no longer a luxury but a defining factor for credit unions striving to thrive in the current financial ecosystem. As consumer and small to medium-sized business (SMB) expectations rapidly shift toward digital convenience and tailored experiences, credit unions face increasing pressure to modernize their offerings, not just to compete with traditional banks, but to maintain relevance...