Artificial Intelligence

PYMNTS covers artificial intelligence as it transforms payments, commerce and financial services, from generative AI and agentic commerce to fraud detection, underwriting and customer engagement. Our reporting pairs breaking news with proprietary data and expert analysis to examine how AI is reshaping business models, operational efficiency and competitive dynamics across the connected economy.
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...

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...

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...

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)....

Artificial Intelligence
Stripe Finalizes $7 Billion Deal for AI Firm OpenRouter
August 17, 2026

Stripe has reportedly finalized its bid to acquire OpenRouter, an artificial intelligence (AI) startup. 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
Legal Departments Move From Testing AI to Governing It
August 17, 2026

For decades, the legal department was one of the last enterprise functions to adopt new technology at scale. The work was too nuanced, the stakes too high, and the profession too cautious. Generative AI changed the pace of experimentation. Agentic AI is changing the pace...

Artificial Intelligence
Anthropic CEO Says He’s Not an AI Pessimist
August 16, 2026

Anthropic CEO Dario Amodei is disputing arguments he’s overly pessimistic about artificial intelligence’s impact. 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
Goldman Sachs Says AI Spending Not Boosting Corporate Earnings
August 16, 2026

A jump in corporate artificial intelligence spending has not translated into a corresponding boost in earnings. 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...