News

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...

B2B Payments
Stripe’s Deal Targets Money and Machine Intelligence
August 17, 2026

The next corporate spender may not carry a company card, submit an expense report or even be a person. It may be software. Technology markets can create value at abstraction layers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Delivery
UPS Automates 90% of Daily Customs Clearances With AI Agents
August 17, 2026

A package crossing into the United States used to depend on a person to review it, classify and catch any errors, slowing the process with days-long delays at the border. Sorting more packages faster is a warehouse problem. Reviewing them accurately is a judgment problem,...