News

Delivery
FedEx Beats Global Trade Headwinds as Package Volumes Surge
June 23, 2026

FedEx saw its package volume increase during the quarter ended May 31, in both its U.S. domestic business and its international export business, as it helped customers navigate a dynamic macro environment. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Boost Says New Visa Rules Lower B2B Payment Costs
June 23, 2026

Boost Payment Solutions’ B2B payments platform has helped customers reduce their interchange costs by nearly 44% since Visa’s Commercial Enhanced Data Program (CEDP) launched in October. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
Syndio Accelerates Agentic AI Roadmap With Embrace.ai Buy
June 23, 2026

Syndio has acquired Embrace.ai to accelerate Syndio’s agentic artificial intelligence roadmap for its Decision Intelligence for Pay platform. 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...

Artificial Intelligence
Insurers Face a New Risk From Autonomous Robots
June 23, 2026

Physical artificial intelligence (AI) doesn’t follow a script. Unlike traditional machines that execute fixed commands, physical AI systems use sensors, software and AI models to decide how to act as conditions change. That flexibility is also what breaks the liability framework traditional policies was built...

Cross-border Payments
Chainlink Helping Banks Launch Cross-Border Stablecoin Trades
June 23, 2026

Chainlink is reportedly joining several dozen international banks on a cross-border stablecoin payments project. 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
AI Solves the SKU Problem That Stalled Warehouse Automation
June 23, 2026

Swiss eCommerce logistics provider MS Direct, which moves more than 32 million items a year, has deployed a robot from Stuttgart-based Sereact that picks and packs orders without per-item training, eliminating a requirement that has long blocked most warehouse operators from full automation. Get the...

Investments
Allium Raises $40 Million to Help Enterprises Embrace the Blockchain
June 23, 2026

Enterprise-focused blockchain data platform Allium has raised $40 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. By...

Artificial Intelligence
Anthropic Investor Menlo Turns 50 and Raises $3 Billion
June 23, 2026

An early backer of Anthropic says it has raised $3 billion for additional AI startups. 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
Oracle Reports AI Adoption Contributes to 21,000 Job Cuts
June 23, 2026

Oracle reduced its workforce by 21,000, or about 13%, during the year ended May 31. 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,...