News

Artificial Intelligence
Anthropic Calls for Frontier AI Freeze to Prevent Self-Building Tech
June 04, 2026

Anthropic suggested Thursday (June 4) that frontier artificial intelligence developers should slow or pause their efforts and give societal structures and alignment research time to keep up with the advancing technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Artificial Intelligence
House Members Propose Replacing State AI Laws With National Standard
June 04, 2026

Two members of the U.S. House released a discussion draft of bipartisan legislation to create a federal framework for governing artificial intelligence. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Payments Innovation
Cash App Turns Everyday Accessories Into Payment Tools
June 04, 2026

Cash App users can now pay by tapping with a wand. 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
The $25 Billion Fleet Breakdown Problem Finally Has a Fix
June 04, 2026

A typical commercial truck generates more than 25,000 data points daily from onboard sensors. Until recently, most of that data sat unused. Fleet managers learned about problems when trucks stopped moving, not before. That’s the gap a wave of artificial intelligence (AI) investment is now...

Artificial Intelligence
Anthropic President Says Training Costs Drive AI Companies Toward Public Market
June 04, 2026

The cost of training AI models is driving companies like Anthropic to go public, Anthropic Co-Founder and President Daniela Amodei said Thursday (June 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
EU Procurement Standards Show Vendor Lock-In Is Growing B2B Liability
June 04, 2026

Government tech procurement has mostly come down to price, performance and who could land the contract fastest. The EU just signaled that era is ending. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Investments
Supabase Raises $500 Million as AI Agents Spark Database Explosion
June 04, 2026

Supabase raised $500 million in a Series F funding round to scale its open source Postgres development platform and grow its share of agentic infrastructure. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Banking
Citi Used AI to Shrink a 60-Minute Document Review to 15 Minutes
June 04, 2026

Banks have spent years launching artificial intelligence (AI) chatbots and virtual assistants. Citigroup’s latest deployment is less visible and more valuable: an AI document-processing system that compresses account opening review time from over an hour to 15 minutes. Get the Full Story Complete the form...

Loyalty & Rewards
Fanatics Brings Rewards Program to Its Prediction Market
June 04, 2026

Last year, Fanatics introduced its first prediction market and its first loyalty program. 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....