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AI Drives Payment Companies to Strengthen Internal Technology Development

1 reports1 sourcesupdated 3 hours ago

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On November 3, 2026, PYMNTS reported that Dean M. Leavitt, founder and CEO of Boost Payment Solutions, said that combining artificial intelligence with technology talent and internal expertise has significantly enhanced the team’s ability to develop and manage technology independently, and changed the company’s assessment of the role of technology outsourcing. Leavitt said that in many cases, building in-house is more economical while also enabling faster responses, customization based on business needs, and stronger control. He said AI does not mean replacing third-party technology, and Boost will use this as a basis to review its technology investments and scaling plans for the fourth quarter.

AI-written from reports · updated 2 hours ago

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Nov 3
  1. PYMNTS
    Boost Payment Solutions CEO: AI Leads Payment Companies to Build More Technology In-House

    Boost Payment Solutions Founder and CEO Dean M. Leavitt said that AI, combined with technical talent and in-house expertise, has significantly expanded the team’s ability to develop and manage technology itself, changing its assessment of the role of outsourcing. Building in-house is more economical in many cases, while also enabling faster responses, customization to business needs, and greater control. AI does not mean replacing third-party technology; Boost will use this perspective to assess its technology investment and scaling in Q4.

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