News

Banking
Axos Aims to Expand AI-Powered Financial Services With Arc Acquisition
July 09, 2026

Axos Financial subsidiary Axos Nevada Holding plans to acquire Arc Technologies to expand Axos’ artificial intelligence capabilities and enhance its ability to serve small businesses across the United States. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Retail
The New Storefront Is the AI Conversation
July 09, 2026

Retail is getting a first-principles upgrade at the hands, or lack of them, of artificial intelligence. 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...

Artificial Intelligence
OpenAI Debuts New Model Following Input From US Government
July 09, 2026

OpenAI’s CEO said the company made “many” changes to its latest artificial intelligence (AI) models following talks with the federal government. 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
Meta Says Its First Pay-to-Use AI Model Outperforms Google
July 09, 2026

Meta has introduced a new artificial intelligence (AI) model that includes a paid tier for developers. 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...

Investments
GrubHub Owner Wonder Eyes $9 Billion Valuation in New Funding Round
July 09, 2026

GrubHub/Blue Apron owner Wonder is reportedly arranging hundreds of millions of dollars 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,...

Artificial Intelligence
Congress Looks to Counter Growing Use of Chinese AI Models by US Firms
July 09, 2026

As companies in the United States reel from the sticker shock of token-based artificial intelligence pricing, some are turning to lower-cost Chinese models, setting off alarms among U.S. lawmakers and national security officials. Get the Full Story Complete the form to unlock this article and...

Artificial Intelligence
An AI With No Body Just Landed a Movie Deal
July 09, 2026

Tilly Norwood is entirely AI generated and is about to headline her first feature film. Particle6, the London studio that created her, announced “Misaligned” on Monday (July 6)—a comedy-drama in which Norwood plays an AI being with no body, no childhood and no lived experience...

B2B Payments
Fed Study Shows B2B Payments Are Becoming a Cost-Per-Event Problem
July 09, 2026

The Federal Reserve confirmed this month that digital payments are winning the modernization battle against paper-based ones. 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...

Artificial Intelligence
States Expand Guardrails on AI Use in Health Insurance Decisions
July 09, 2026

State legislatures are rapidly moving beyond broad artificial intelligence governance to regulate one of AI’s most consequential applications: health insurance coverage determinations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...