News

Banking
NatWest CEO Says AI Will Take Over Some Existing Banking Roles
June 19, 2026

NatWest CEO Paul Thwaite said artificial intelligence (AI) is going to change the bank’s workforce, though he didn’t say whether it would reduce the size, Finextra reported Friday (June 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

IPO
Prediction Market Kalshi Eyes IPO as Revenue Triples to $2 Billion
June 19, 2026

Kalshi has about tripled its annualized revenue since November, bringing that figure to $2 billion, The Information reported Thursday (June 18), citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
Soaring AI Costs Push Enterprise Buyers to Cheaper Chinese Models
June 19, 2026

Large artificial intelligence (AI) labs like Anthropic and OpenAI could see their growth impacted by AI users’ efforts to control costs, the Financial Times reported Thursday (June 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
Instacart Reports AI Agent Drives Bigger Grocery Orders
June 19, 2026

Instacart has begun rolling out an artificial intelligence (AI) assistant that puts together a grocery cart based on a conversation, the user’s selection of suggested prompts, or an uploaded photo of a grocery list. Get the Full Story Complete the form to unlock this article...

Artificial Intelligence
Consumers Want AI to Shop With Them, Not for Them 
June 19, 2026

Artificial intelligence has already transformed how consumers discover products, compare prices, and navigate digital commerce. But as companies race to build autonomous AI agents capable of making decisions independently, consumers are sending a more nuanced message: They want assistance, not surrender. Get the Full Story...

Payment Methods
Millennials’ Payments Playbook: Cards at the Core, Digital Options at the Ready
June 19, 2026

Millennials are moving through their prime earning, spending and household-forming years with unusual economic weight. 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
Deutsche Bank Points to Proven Returns on AI Investments
June 18, 2026

Deutsche Bank executive Denis Roux said Thursday (June 18) that artificial intelligence (AI) is enabling the bank to cut the completion time of some tasks from two years to as little as three months, Reuters reported Thursday. Get the Full Story Complete the form to unlock this...

Artificial Intelligence
Senate Bill Would Require AI Firms to Yield Half Ownership to Public
June 18, 2026

Sen. Bernie Sanders (I-Vt.) has introduced a bill that would impose a one-time 50% tax on the stock of the biggest artificial intelligence (AI) companies and deposit that stock into a new sovereign wealth fund, giving the public 50% ownership of the companies. Get the Full...

Wearables
Can Snap Survive the Wearable Graveyard Google Built?
June 18, 2026

The smartphone era won’t last forever, and the tech industry is spending billions to own whatever comes next. Artificial intelligence (AI) has sharpened that ambition, giving new momentum to an old dream: ambient computing that delivers information through a lens rather than a screen. Get...