News

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....

Retail
Gopuff Adds AI Shopping Assistant That Predicts Next Grocery Order
June 04, 2026

Gopuff has added an artificial intelligence (AI)-powered “personal shopping genius” called Go to its instant commerce app. 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...

Retail
Amazon and Walmart Compete to Shape What Shoppers Buy Next
June 04, 2026

Bigger is better, and faster is best. 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 form, you agree...

Artificial Intelligence
Meta Eyes $200-Per-Month Price Tag for Hatch AI Agent
June 04, 2026

Meta is weighing an up to $200-per-month subscription for its consumer artificial intelligence agent, The Information reported Wednesday (June 3). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Retail
Amazon Wins When Retail Checkout Breaks
June 04, 2026

When a millennial advertising executive spends 30 minutes on a Sunday morning browsing face serums on a beauty website, she expects that once she lands on her final choice, the hard work is over. Get the Full Story Complete the form to unlock this article...

IPO
JPMorgan Chase Simulcast Woos Wealthy Investors for Record SpaceX IPO
June 03, 2026

JPMorgan Chase CEO Jamie Dimon will host a discussion about SpaceX’s initial public offering that will be simulcast to 90 of the bank’s locations in 26 states, Bloomberg reported Wednesday (June 3), citing an unnamed source. Get the Full Story Complete the form to unlock...

Banking
OppFi Ruling Gives Bank-FinTech Partnerships a Win but Not Final Clarity
June 03, 2026

A California court has handed bank-FinTech partnerships one of their most significant legal victories to date. 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
Employees Say Claude Is the AI They Can’t Work Without
June 03, 2026

Consumers increasingly use different artificial intelligence (AI) tools for different parts of their lives. OpenAI’s ChatGPT remains the platform people choose for personal tasks, while Anthropic’s Claude has emerged as the platform workers are most likely to view as essential to getting their jobs done....