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- Capital One's acquisition of Discover continues with nearly 400 job cuts.
Capital One's acquisition of Discover continues with nearly 400 job cuts.
Plus, FICO unleashes new AI for smarter lending, while OpenAI and Mastercard pioneer a future where AI agents handle the checkout.
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This week is sponsored by our friends at Spinwheel.
The Capital One/Discover merger is making waves. Nearly 400 jobs were just cut at Discover's headquarters, including its Chief Marketing Officer.
Meanwhile, the AI revolution is accelerating. FICO is rolling out new AI models designed to perfect underwriting, while OpenAI's "Instant Checkout" and Mastercard's first "agentic payment" are bringing us one step closer to a world where AI agents shop on our behalf.
From layoffs to AI-powered lending, let's break down what's happening.
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