News

Artificial Intelligence
More Than Two-Thirds of Boomers Still Sit Outside AI’s Reach
May 08, 2026

Forget the robot concierge. Consumers are warming up to artificial intelligence one mundane errand at a time, and that may be exactly the point. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Artificial Intelligence
Anthropic Valuation Could Eclipse OpenAI in $50 Billion Funding Round
May 08, 2026

Anthropic is considering a funding round in which it would raise as much as $50 billion and be valued at $900 billion, the Financial Times reported Thursday (May 7), citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy...

Payments Innovation
Platforms That Own Payments Own More of the Customer
May 08, 2026

Watch more: Need to Know With Maverick Payments’ Rachel Costello 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...

Artificial Intelligence
34% of CFOs Say Productivity Is the Top Reason for AI Adoption
May 08, 2026

The real story in artificial intelligence is not adoption, but how unevenly companies are learning to live with it. 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...

Wearables
Google Transforms Fitbit Into Health and Wellness Ecosystem
May 07, 2026

Google is revamping its health and wellness product and platform lineup. 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...

Cross-border Payments
US and Allies Guarantee Tax-Free Streaming and Software Downloads
May 07, 2026

Nineteen countries, including the United States, have announced an agreement to not impose duties on cross-border electronic transmissions such as streaming music or films and software downloads among themselves, Reuters reported Thursday (May 7). Get the Full Story Complete the form to unlock this article...

Investments
Fazeshift Secures $22 Million to Automate Accounts Receivable Workflows
May 07, 2026

San Francisco-based artificial intelligence (AI) startup Fazeshift has secured $17 million in Series A funding to automate accounts receivable (AR) and other financial tasks, bringing its total capital raised to $22 million, according to a Thursday (May 7) press release. Get the Full Story Complete...

Artificial Intelligence
ServiceNow, SAP and Workday Make AI Agents Pay to Play
May 07, 2026

ServiceNow, SAP and Workday are drawing new lines around the customer data stored inside their platforms as external artificial intelligence (AI) agents begin to erode the per-seat pricing model that has defined enterprise software for two decades. Get the Full Story Complete the form to...

Banking
Citi Rebuilds Cards Around Affluent Customers and AI
May 07, 2026

Citi held its Investor Day on Thursday (May 7). Executives laid out a technology-driven growth strategy built on artificial intelligence (AI). Citi is moving AI out of back-office pilots and into a core operating layer. That layer now spans cards, payments, wealth management and consumer...