News

Artificial Intelligence
Dead Airline’s Emails Just Became a $10 Million AI Prize
August 18, 2026

Spirit Airlines shut down in May, its second Chapter 11 bankruptcy in two years, leaving behind planes, airport slots and a loyalty program to be sold off piece by piece. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
IKEA Prepares UK Resale Marketplace Launch
August 18, 2026

IKEA plans to launch an online marketplace in the United Kingdom that will allow consumers to buy and sell pre-owned IKEA products, the company said in a Monday (Aug. 17) press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article...

Banking
Citi Debuts New Custody Tools to Meet Demand for Faster Settlement
August 18, 2026

Citi has debuted Custody+, a suite of near or real-time custody solutions. 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...

Artificial Intelligence
Robot Orders Surge to $622 Million as Earnings Follow
August 18, 2026

American businesses are spending more on robots, and the companies building them are reaping the rewards. North American companies ordered 8,940 robots worth $622 million in the second quarter, up 4.3% in units and 21.3% in revenue from a year earlier, according to the Association...

Artificial Intelligence
Visa and Mastercard Join Rain’s Agentic Commerce Coalition
August 18, 2026

Stablecoin payments infrastructure company Rain has formed a group to promote agentic commerce development. 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...

Banking
Monzo Chair Departs Following Last Year’s Shareholder Backlash
August 18, 2026

Monzo’s chairman is  departing the British neobank months after shareholders lobbied for his removal. 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...

Artificial Intelligence
Malachyte Turns Spotify’s Skip Signal Into a Merchant’s Agentic Edge
August 18, 2026

Watch more: Digital Shift With Malachyte’s Sidd Motwani 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...

Mobile Payments
X Money Wants to Make the Feed a Financial Front Door
August 17, 2026

Digital wallets have made the phone a familiar place to pay. X Money is testing whether a social platform can claim a place in that payment routine. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Artificial Intelligence
Corporate America’s Top 1% Spend $7,400 Per Employee on AI
August 17, 2026

The top 1% of U.S. businesses spent a median of $7,400 per employee on artificial intelligence in July, while the top 10% spent roughly $650, according to the Ramp AI Index released Aug. 12. The median company spent just $11.95 per employee. That gap leaves...