News

Banking
Open Banking Moves From Access to Economics
July 07, 2026

Open banking has been discussed as another way to move money, where debate over who controls the data that makes those payments possible is giving way to how that data is delivered, who bears the cost of maintaining secure application programming interfaces (APIs), and whether...

Artificial Intelligence
Anthropic Launches Mobile Access for Claude Cowork
July 07, 2026

Anthropic has begun making its agentic experience, Claude Cowork, available on mobile and web in beta for members of its Max plan and expects to expand that access to other plans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Artificial Intelligence
Microsoft Quietly Shifts Thousands of Office Prompts to In-House AI
July 07, 2026

Microsoft has begun using its own MAI artificial intelligence models rather than those of OpenAI and Anthropicto complete prompts in its spreadsheet and email applications, Excel and Outlook, Bloomberg reported Tuesday (July 7), citing unnamed sources. Get the Full Story Complete the form to unlock...

Investments
Tether Invests $20 Million in Brazil’s Mercado Bitcoin
July 07, 2026

Stablecoin issuer Tether is investing $20 million in Brazil-based digital assets platform Mercado Bitcoin. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS...

Investments
Bidbus Raises $15 Million for Online Car-Selling Marketplace
July 07, 2026

Online auto sales marketplace Bidbus has raised $15 million in new funding. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this...

Artificial Intelligence
China Weighs Blocking Foreign Access to Top AI Models
July 07, 2026

China is reportedly considering a ban on overseas access to its most advanced artificial intelligence (AI) models. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Artificial Intelligence
Consumers Won’t Buy Robots. They’ll Rent Them
July 07, 2026

Consumers have not bought robots the way they buy phones or appliances. The price is too high, the use cases too narrow and the technology too early to justify a household capital expenditure that could run tens of thousands of dollars. Retail prices start around...

Artificial Intelligence
Bipartisan AI Bill Is Getting Preempted by Bipartisan Resistance
July 07, 2026

Efforts to enact comprehensive federal artificial intelligence (AI) regulations keep getting preempted. In the most recent example, a bipartisan discussion draft of the Great American Artificial Intelligence Act is encountering opposition from both Democrats and Republicans, underscoring how disagreement over federal preemption of state AI...

Payments Innovation
Three Strategies to Reduce Payments Friction Before Revenue Suffers
July 07, 2026

Payments friction has acquired a price tag. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree...