News

Retail
Kraft Heinz Slashes Prices as Consumer Affordability Hits Breaking Point
May 06, 2026

Kraft Heinz CEO Steve Cahillane said his company is focused on lowering prices because consumers are having trouble paying their bills. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
Big Tech’s Personal AI Agents Are Coming for the to-Do List
May 06, 2026

Google and Meta are building personal artificial intelligence agents, moving at the same time toward the same idea of an assistant that operates in the background, handles tasks without being asked twice, and gets sharper at anticipating needs the longer it runs. Get the Full...

Cross-border Payments
Visa Canada and RemitBee Team to Simplify Cross-Border Payments
May 06, 2026

Visa Canada launched a collaboration with remittance-focused FinTech platform RemitBee, according to a Wednesday (May 6) 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 to...

Artificial Intelligence
PhonePe AI Agent Cuts Payment Gateway Integration to Minutes
May 06, 2026

PhonePe launched an artificial intelligence agent that enables merchants to integrate the company’s payment gateway through a conversational interface. 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...

Investments
OpenTrade Raises $17 Million to Meet Stablecoin Infrastructure Demand
May 06, 2026

Stablecoin infrastructure platform OpenTrade has raised $17 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 completing this form,...

Artificial Intelligence
The Battle to Own Banking’s AI Backbone
May 06, 2026

Anthropic’s launch this week of 10 financial services-focused artificial intelligence agents is the kind of product announcement that may mean more than the product itself. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Astrada Raises $3.8 Million to Expand Autonomous Finance Offering
May 06, 2026

Autonomous finance data layer Astrada has raised $3.8 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 completing this...

Cross-border Payments
Stablecoin Settlement Brings Cross-Border Interoperability to Local RTP Networks
May 06, 2026

Domestic payment systems around the world are growing more instantaneous. And money movement in the blink of an eye is reframing the possibilities of commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Faster Payments
JPMorganChase Says Instant Money Needs Instant Certainty
May 06, 2026

Watch more: The Digital Shift With JPMorgan’s Meagan Sibbald 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 completing this form,...