News

Artificial Intelligence
ChatGPT Hits 1 Billion Users Faster Than Any App in History
June 02, 2026

OpenAI’s ChatGPT app reached 1 billion global monthly active users faster than any other app, Reuters reported Tuesday (June 2), citing data from Sensor Tower. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
Macy’s AI Closes the Sale Before Shoppers Walk Away
June 02, 2026

Seven in 10 online shopping carts are abandoned before purchase. Retailers have spent decades trying to close that gap through discount pop-ups, email reminders, loyalty incentives and recommendation engines. The rate hasn’t moved much. Get the Full Story Complete the form to unlock this article...

Artificial Intelligence
Microsoft Scout Ushers in New Category of AI Autopilots
June 02, 2026

Microsoft has begun rolling out an “always-on personal agent” called Microsoft Scout that is integrated across Microsoft 365 apps, performs tasks and builds context so it can become aligned to the priorities of each user. Get the Full Story Complete the form to unlock this article and enjoy...

Artificial Intelligence
Uber Caps AI Coding Costs After Exhausting Annual Budget
June 02, 2026

Uber is limiting its employees to $1,500 in monthly token spending per artificial intelligence coding tool, Bloomberg reported Tuesday (June 2). 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
The AI House Hunter Meets a Skeptical Market
June 02, 2026

Realtor.com launched RealAssist AI, a conversational assistant built on Google’s Gemini that lets buyers describe what they want in plain language and receive listings: pulling in MLS data, affordability calculations and agent connections without the traditional filter interface. A broader rollout follows a current beta....

B2B Payments
UK Payments Rules Move From BNPL to B2B Invoices
June 02, 2026

The United Kingdom’s newest payments legislation has little to do with checkout buttons, digital wallets or card networks. 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...

Artificial Intelligence
OpenAI Unveils Plans to Move Codex Beyond Coders
June 02, 2026

OpenAI is expanding the uses of its coding agent for fields beyond software engineering. 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
Experian Readies Agentic AI to Overhaul Legacy Lending Processes
June 02, 2026

Experian has announced the upcoming launch of a trusted agentic artificial intelligence (AI) layer within the Experian Ascend Platform that is designed to help financial services organizations scale agentic AI. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Banking
3 Takeaways as AI Moves Into Banks’ Daily Operating Machinery
June 02, 2026

Artificial intelligence is emerging as both banking product and workplace tool in the financial services realm. 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...