News

Artificial Intelligence
Over 1,100 AI Insiders Urge US Government to Support Global Guardrails
July 28, 2026

A statement signed by 1,132 employees of frontier artificial intelligence companies called on the U.S. government to support an international effort to “deliberately pace” the frontier of automated AI development. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Artificial Intelligence
The Middle Market CFO’s Guide to Big Tech’s Open-Weight AI Debate
July 28, 2026

The artificial intelligence (AI) industry is dividing itself along one of the software sector’s most fundamental debates: open versus closed source. 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
AI Turns Every Employee Into a Utility Player
July 28, 2026

For decades, the org chart worked like a map of who knew what. Marketing didn’t touch contracts. Customer service didn’t run financial calculations. Those boundaries held because expertise lived in specific people, and getting specialize work done meant calling in the right one. New research...

IPO
$4.5B Food Tech Firm GrubMarket Submits Confidential IPO Filing
July 28, 2026

Food supply chain technology company GrubMarket has confidentially submitted a draft registration statement for a proposed initial public offering. 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...

B2B Payments
Citi Teams With Infor to Debut Invoice Processing Tool
July 28, 2026

Citi is collaborating with cloud enterprise software company Infor to introduce an invoice processing solution. 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,...

Banking
Open Banking Reaches 1 Billion Payment Milestone in the UK
July 28, 2026

The U.K.’s open banking system has now powered more than 1 billion payments. 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...

Artificial Intelligence
One Drone Flight Just Headed Off a 30-Day Outage
July 28, 2026

A lender that finances a power plant or a pipeline typically learns about a developing problem the way it has for decades: through a scheduled inspection or a manual audit that happens once or twice a year. Damage accumulates in the dark between those checkpoints....

Banking
Western Union Pulls Plug on Digital Banking Service
July 28, 2026

Western Union Digital Bank is being discontinued, is ending its services and will close all accounts two months after users have received their closure notice, the service’s operator, Western Union International Bank, said in a legal notice on its German website. Get the Full Story...

Investments
PEX Raises $160 Million to Expand Spend Management Platform
July 28, 2026

Corporate card/spend management platform PEX has raised $160 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...