Imagine hiring a new employee who works around the clock, never takes a break and can place orders or move money on its own. Now imagine hiring that worker without checking references. That is roughly the risk companies take when they rush artificial intelligence agents...
Small businesses in the United States purchasing overseas want faster payments, lower fees and better exchange rates. Financial providers are combining accounts, currency management and spending services around that activity. The PYMNTS Intelligence report “The Cross-Border Opportunity: What Global Sourcing by US SMBs Means for...
Major U.S. banks are detecting and deleting unauthorized third-party artificial intelligence agents that are taking actions inside customer accounts, Reuters reported Thursday (Oct. 22), citing a paywalled article by Axios. Some of the agents the banks have detected appear to have tried to take actions that...
TerraPay announced it has integrated its payee verification service with Kinexys by J.P. Morgan’s Liink network, expanding financial institutions’ ability to check bank account and digital wallet details before sending cross-border payments. The integration connects TerraPay Verify with Liink’s Confirm application, allowing banks and nonbank...
Chinese artificial intelligence (AI) startup DeepSeek has raised $15 billion in its second private funding round and is accelerating plans for a Shanghai listing in early 2027, potentially reaching public markets before OpenAI. The financing nearly doubled its original target amid strong investor demand, The...
It was a big week for agentic artificial intelligence at Walmart and Amazon as the two companies outlined plans to capitalize on the technology’s momentum among consumers and enterprises. Walmart announced tools that will let customers authorize AI agents to shop on their behalf, with...
Anthropic could make its IPO paperwork public as soon as Friday (Oct. 23). That would move the Claude developer one step closer to what could be the largest stock market debut ever. The deal is also a major test for the AI boom, as investors...
Artificial intelligence is making it easier for retailers to get discovered. It is doing considerably less to help them get paid. Data in the October 2026 edition of the Consumer AI Benchmark Report from PYMNTS Intelligence reveals that nearly 45% of consumers who use AI...
Anthropic has unveiled an app in which Claude works as a “proactive agent” on behalf of professionals and small business owners, including purchasing business supplies, the company said in a Wednesday (Oct. 21) announcement. In this app, Claude Duet, Claude comes to the user when...