By PYMNTS July 6, 2026 In a landmark shift for the venture capital landscape, a new breed of "AI-first" conglomerates is emerging, signaling that the next frontier of artificial intelligence is not just in foundation models, but in the radical operational transformation of traditional, unglamorous service industries. Thrive Holdings, a specialized holding company established by…
For the past two years, the narrative surrounding enterprise Artificial Intelligence (AI) has been dominated by low-stakes utility: summarizing lengthy PDFs, drafting emails, and automating rudimentary administrative tasks. However, within the high-stakes corridors of the global banking sector, a much more rigorous conversation has been taking place. Financial executives have been asking a fundamental question…
By PYMNTS | June 30, 2026 In a landmark development for the fintech and payments landscape, American Express has officially announced a strategic integration that allows U.S. card members to redeem their Membership Rewards points directly within the Apple Pay checkout experience. This move marks a significant shift in how loyalty programs interact with everyday…
By PYMNTS June 26, 2026 In a significant move that underscores the escalating arms race between financial institutions and sophisticated global crime syndicates, Quantifind—a pioneer in AI-native risk intelligence—announced on Friday, June 26, that it has successfully secured $200 million in a growth investment round. This capital infusion, led by private equity powerhouse Summit Partners,…
