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
St. Louis Fed Adapts FRED Database for AI Agents
October 01, 2026

Federal Reserve Economic Data (FRED) has introduced a FRED MCP Connector that uses the Model Context Protocol (MCP) to simplify connecting FRED data with artificial intelligence systems, Federal Reserve Board Governor Christopher J. Waller said Thursday (Oct. 1). In a speech delivered during FRED Con...

Artificial Intelligence
Federal Appeals Court Deals Blow to Use of Copyrighted Works to Train AI
October 01, 2026

The 3rd Circuit Court of Appeals handed down a ruling Tuesday (Sept. 29) that Ross Intelligence’s use of copyrighted material to train its legal artificial intelligence search engine was not fair use and affirmed a lower court’s grant of summary judgment to Thomson Reuters. The...

Artificial Intelligence
Hacking Is Getting Cheaper Faster Than Enterprises Can Make Software Safer
October 01, 2026

Enterprises are spending heavily to make software capable of acting autonomously across increasingly valuable company systems. But the return on that investment depends on giving those systems authority. And authority creates exposure. Companies are connecting artificial intelligence tools to code repositories, cloud infrastructure, corporate databases...

Artificial Intelligence
Barclays Accelerates AI Rollout With Anthropic’s Claude Code
October 01, 2026

British universal bank Barclays expects half of its developers to be using Anthropic’s agentic artificial intelligence coding tool Claude Code by the end of the year, and most of them to be using it by the end of 2027, Anthropic said in a Thursday (Oct....

Artificial Intelligence
Agentic AI Turns Transit Data Into More Targeted Decisions
October 01, 2026

A bus route can look healthy on paper while struggling in the streets. In Salvador, Brazil, researchers found that broad measures of passenger demand could obscure differences from one part of a route to another. Their agentic artificial intelligence system, SUNTInsight, was designed to let...

Artificial Intelligence
FIS Sees Smarter Payments Powering AI Agents
October 01, 2026

Watch more: What’s Next in Payments With Mike Magennis of FIS Fall brings football, starting lineups and plenty of arguments over who deserves the first pick. Mike Magennis, senior director of Strategy, Networks at FIS, said he already knows what he would take first in...

Artificial Intelligence
OpenAI’s Muse Rival Arrives Half-Baked
September 30, 2026

Artificial intelligence agents are showing up everywhere. Meta released its Muse personal AI agent on Sept. 8, and it reached the top of Apple’s free app chart 10 days later. Now it’s OpenAI’s turn. OpenAI launched Dots on Tuesday (Sept. 29). Dots are AI agents...

Artificial Intelligence
ElevenLabs Joins Ranks of World’s Most Valuable AI Firms
September 30, 2026

Voice AI company ElevenLabs is now reportedly one of the world’s most valuable artificial intelligence companies. That’s according to a report Wednesday (Sept. 30) from the Financial Times (FT), which said the startup reached this milestone when a share sale doubled its price tag to $22 billion. Investors and...

Artificial Intelligence
BMW Wants AI to Drive Efficiency Amid Staffing Reduction
September 30, 2026

BMW is reportedly hoping to use AI to increase efficiency as it plans sweeping job cuts. Artificial intelligence (AI) will be a crucial part of the German carmaker’s plans to reduce costs and speed development, The Wall Street Journal (WSJ) reported Wednesday (Sept. 30) from a BMW investor...