News

Artificial Intelligence
US Treasury Report Warns AI Bubble Could Trigger Economic Disruption
July 06, 2026

The U.S. Department of the Treasury has produced a draft report warning of extensive risks to the economy if the artificial intelligence market repeats what happened when the dotcom bubble burst 25 years ago, according to NOTUS, which obtained a copy of the document. Get...

Artificial Intelligence
White House Signals Hands-On Approach to Oversight of AI Systems
July 06, 2026

From hands-off to hands-on. The Trump administration increasingly is taking a direct role in overseeing the release of the most powerful artificial intelligence (AI) models, marking a sharp turnaround from its previous policy of removing regulations that might hamper U.S. development of the technology. Get...

Artificial Intelligence
An AI Trained on Wall Street’s Own Data Just Beat GPT
July 06, 2026

General-purpose AI models have been trained on enormous volumes of public financial data. What they cannot replicate is the judgment an experienced investment analyst builds over years — which signals matter, which documents are worth reading and how to separate the relevant from the noise...

Banking
Europe’s Central Bank Suffers 2 Payments Outages in 1 Week
July 06, 2026

The European Central Bank’s payment system has experienced two outages in one week. 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
AI Giants Pour Billions Into Enterprise Deployment
July 06, 2026

The money for artificial intelligence companies is in enterprise, but the challenge isn’t building the model. It’s getting it to work inside a company that wasn’t designed for it. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Artificial Intelligence
Human-Like AI Services Face Greater Restrictions in China
July 06, 2026

China reportedly plans to crack down on artificial intelligence (AI) chatbots that can simulate human emotions. 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...

B2B Payments
Corporate Cash Is Global in Theory, Trapped in Practice
July 06, 2026

Cash visibility is largely a solved problem, at least for finance teams on the cutting edge. 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...

Banking
Klarna Seeks Green Light to Become a US-Chartered Bank
July 06, 2026

Klarna has become the latest FinTech aiming to become a regulated U.S. bank. 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
Tech CEOs Walk Back Dire AI Job Loss Predictions
July 06, 2026

Predictions about artificial intelligence-related job losses are switching from apocalyptic to optimistic, The Wall Street Journal reported Monday (July 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....