News

Payments Innovation
Forage Bets $40 Million That Affordability Is the Next Retail Network
July 09, 2026

Watch more: The Digital Shift With Forage’s Ofek Lavian 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
85% of Financial Firms Plan AI Budget Increases
July 09, 2026

Enterprise artificial intelligence (AI) is no longer just a technology project. It is becoming a line item with momentum. 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...

Artificial Intelligence
Meta’s AI Image Model Puts Instagram to Work
July 08, 2026

Meta launched Muse Image, the first artificial intelligence image model from Meta Superintelligence Labs. The feature drew immediate pushback because anyone can generate an image of another person by tagging their public Instagram username in a prompt, and public accounts are included by default unless...

Investments
Prime Intellect Raises $130 Million to Help Companies Train AI Agents
July 08, 2026

Prime Intellect raised $130 million in a Series A funding round to scale its tech stack and target new problems with its “open superintelligence stack.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
SMBs Swap Pricey SaaS Contracts for AI-Built Apps
July 08, 2026

For two decades, buying enterprise software meant accepting a vendor’s feature set, paying per seat and hiring specialists to manage the platform. For small businesses, that model often meant paying for capabilities they never used. AI coding tools are changing that calculation. Get the Full...

Artificial Intelligence
Illinois Governor Signs AI Safety Regulation Requiring Yearly LLM Audits
July 08, 2026

Illinois just told the biggest names in artificial intelligence (AI) that the rules are changing. 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
State Farm’s AI Overhaul Gets Low Marks From Customers
July 08, 2026

State Farm customers and agents are reportedly unhappy with the insurer’s AI facelift. 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...

IPO
SEC Seeks Ways for More Companies to Go Public
July 08, 2026

Federal securities regulators are exploring ways to encourage more companies to go public. 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
Nobody Licensed AI to Give Financial Advice
July 08, 2026

Financial regulation was built around a specific relationship: a licensed adviser who owes the client a duty of care, carries professional indemnity insurance and answers to a regulator if something goes wrong. General-purpose artificial intelligence (AI) models carry none of those obligations. They are not...