Fintech

The Spanish bank has created an inhouse GPT Store to house internal customisations of the AI tools created by employees with the aim of spreading the utilisation of the technology across the business. Ricardo Martín Manjón, global head of data at BBVA, says: “We spread these capabilities across the whole bank because if we wanted […]

At a glitzy event in London, complete with a performance from pop star Charli XCX, the fintech giant celebrated hitting the 50 million customer milestone. Looking ahead, next year will see the gradual roll out of an AI-powered assistant that promises to adapt to customers’ needs and preferences in-app, guiding them towards smarter money habits, […]

Discover how Intuit Assist uses AI to streamline financial operations like invoicing and expense management for small businesses Imagine you’re a small business owner. Your day is packed with myriad tasks, from managing staff and sourcing products to marketing campaigns and customer service. Now, add to that the delicate balancing act of keeping an eye […]

Accounting software provider Sage sees cloud-native sales hit £732m (US$915m) as investment in Gen AI attracts 8,000 new customers across global markets Sage Group, the UK-based provider of accounting and financial software for small businesses, has reported its cloud transformation and artificial intelligence strategy is delivering results. The company saw a 9% increase in underlying […]

US-based credit union Spero Financial has deployed a new digital banking solution from Lumin Digital, cloud-based digital banking provider. This move is aimed at delivering an improved banking experience for its over 50,000 members through advanced digital services. For more than two decades, Spero partnered with a legacy banking provider, but the adoption of Lumin’s […]

PYMNTS Intelligence’s long-standing chronicling of the paycheck-to-paycheck economy has revealed shifts in how consumers conduct their daily financial lives and pay. Given that the paycheck-to-paycheck designation blankets roughly two-thirds of consumers, the changes have been widespread. Households continue to embrace digital, specifically mobile, channels for banking and account access, and they use buy now, pay later (BNPL) options as they […]

J.P. Morgan’s digital-only bank Chase UK has reportedly introduced its first credit card. The move comes after the banking giant’s British venture took in upwards of £20 billion in deposits in three years, the Financial Times (FT) reported Tuesday (Nov. 19). The card is being rolled out to a pool of 25,000 British customers, the […]

Silicon Valley tech giants and others who together process more than 13 billion financial transactions annually through digital wallets and payment apps will be subject to government supervision, the U.S. Consumer Financial Protection Bureau said. The new rule finalized on Thursday will bring a burgeoning consumer service under the same scrutiny faced by banks while […]

PYMNTS Intelligence’s long-standing chronicling of the paycheck-to-paycheck economy has revealed shifts in how consumers conduct their daily financial lives and pay. Given that the paycheck-to-paycheck designation blankets roughly two-thirds of consumers, the changes have been widespread. Households continue to embrace digital, specifically mobile, channels for banking and account access, and they use buy now, pay later (BNPL) options as they […]

Block’s SQ Afterpay division and strong partner base are boosting its prospects in the ‘Buy Now, Pay Later’ (BNPL) market. Its partnership with several brands, including Curology, Helzberg Diamonds, Journeys, Rawlings Sporting Goods, and Zenni Optical, is noteworthy. Afterpay’s BNPL offering is now available to Alphabet’s GOOGL Google Play users. The expansion bodes well for the […]