News

Cross-border Payments
N3XT Unveils Tokenized Cross-Border Payments
August 17, 2026

Blockchain-powered bank N3XT has secured approval from Wyoming regulators to let customers use its digital token to transact with foreign counterparties, Bloomberg reported Monday (Aug. 17), citing its interview with N3XT Founder Scott Shay. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Artificial Intelligence
AI Agents Can Move Money, but They Can’t Pay for Their Mistakes
August 17, 2026

Agentic artificial intelligence (AI) wallets may be capable of moving money, negotiating terms and entering transactions without human intervention, but under existing U.S. law they cannot be held legally responsible when those actions go wrong. Get the Full Story Complete the form to unlock this...

Artificial Intelligence
Datavault AI Plans $94.5 Million CyberCatch Buy to Shield Organizations Against AI Attacks
August 17, 2026

Datavault AI plans to add artificial intelligence-driven, quantum-resistant cyber risk mitigation to its Data Vault Artificial Intelligence Platform (AIP) by acquiring cybersecurity company CyberCatch for $94.5 million, according to a Friday (Aug. 14) press release. Get the Full Story Complete the form to unlock this...

Investments
Wispr Flow Raises $280 Million and Debuts Voice AI Model
August 17, 2026

Voice artificial intelligence (AI) startup Wispr Flow is now a $2 billion company after raising $280 million. 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
AI Labs Stop Competing on Smarts and Start Competing on Price
August 17, 2026

The cost of querying an artificial intelligence (AI) model performing at GPT-3.5’s level fell from $20 per million tokens in November 2022 to $0.07 per million tokens by October 2024, an over-280-fold reduction in about two years, according to Stanford’s AI Index 2025 Report. Tokens...

Delivery
Uber Teams With Zipline to Expand Drone Delivery Service
August 17, 2026

Uber hopes to expand its U.S. delivery business by teaming with drone company Zipline. 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
US Weighs Banning Nations From Pax Silica If They Join China AI Group
August 17, 2026

The United States is preparing to tell countries that they will be excluded from a U.S.-led artificial intelligence coalition if they join a Chinese-led one, Reuters reported Friday (Aug. 14), citing an unnamed U.S. official and a draft of a letter to members of the...

Investments
Groq Raises $350 Million to Fund AI Inference Goals
August 17, 2026

Artificial intelligence (AI) inference company Groq has raised $350 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....

Artificial Intelligence
Albertsons AI Assistants Drive Immediate 26% Basket Growth Among Early Adopters
August 17, 2026

Grocery retailer Albertsons Companies found that the customers who begin using its artificial intelligence-powered online shopping experience make larger purchases almost immediately, Jill Pavlovich, senior vice president of digital shopping experiences at Albertsons, told The Wall Street Journal in a report published Monday (Aug. 17)....