News

Artificial Intelligence
Apollo Economist Says AI Affecting Wages More Than Employment
August 23, 2026

Artificial intelligence is affecting the labor market, though not in the way people might think. 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,...

Artificial Intelligence
Anthropic Customers Switch to Cheaper Models Ahead of IPO
August 23, 2026

Anthropic customers are reportedly using lower-cost alternatives to its most powerful artificial intelligence model. 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
Your AI Notetaker Would Like a Word
August 22, 2026

The modern meeting has acquired a new participant. It doesn’t contribute, laugh at jokes or pretend to understand the quarterly strategy. It simply joins with a name like “John’s AI Notetaker,” records every syllable and later produces a summary in which John apparently agreed to...

Investments
Fifth Third Backs Payload’s Embedded Payments Expansion
August 21, 2026

Payload has secured a strategic investment led by Fifth Third to expand its embedded payments platform, Payload said in a Wednesday (Aug. 19) press release. 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...

IPO
Nscale Targets $3 Billion IPO as AI Data Center Demand Soars
August 21, 2026

Nscale, a developer of artificial intelligence (AI) data centers, aims to raise as much as $3 billion in an initial public offering that could take place as soon as September, Bloomberg reported Friday (Aug. 21), citing unnamed sources. Get the Full Story Complete the form to...

Artificial Intelligence
One AI Agent, 2,395 Payments. Still No Final Say
August 21, 2026

Preparing a batch of payments used to mean a person checking each invoice, confirming it matched what was approved, and grouping everything by hand. Coupa just showed how much of that work software can now do on its own. The company’s Payment Batch Creation Agent...

Payment Methods
Issuer Processors Expand From Cards Into Accounts and Money Movement
August 21, 2026

The card-issuing platforms that grew up alongside, and serving, FinTechs are following their customers into businesses that have little to do with issuing another card. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
Ford and GM Use Agentic Data to Drive Subscription Revenue
August 21, 2026

Artificial intelligence (AI) could give automakers something they have spent years trying to build: a way to keep making money from a vehicle long after it leaves the dealership. Ford and General Motors (GM) are both betting that an AI assistant tied to a vehicle’s...

Artificial Intelligence
Nvidia Pays $6 Billion to License Poolside AI Model-Development Software
August 21, 2026

Nvidia will pay $6 billion to license Poolside’s artificial intelligence model-development software, Model Factory, and will make offers to hire 109 Poolside employees who were involved in making the company’s AI open-source model, Laguna, The Information reported Thursday (Aug. 21), citing a paywalled post by...