SMBs
AI Gives Main Street Its Own Finance Department
June 17, 2026

Small businesses run on instinct. Main Street entrepreneurs know their customers personally. They understand seasonal fluctuations without consulting dashboards; many can sense when sales are slowing, when inventory is piling up, or when cash flow is tightening just from being close to the business every...

Technology
Amazon Exec Predicts Commercial Quantum Computers Could Launch in 2031
June 17, 2026

Amazon artificial intelligence executive Peter DeSantis reportedly said Wednesday (June 17) that the first “commercially useful small-scale” quantum computers will appear five to seven years from now. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Artificial Intelligence
SpaceX Bets $60 Billion on AI It Couldn’t Build
June 17, 2026

SpaceX completed the biggest initial public offering (IPO) in history this month on a pitch built around rockets and satellites. Days later, it spent $60 billion on an artificial intelligence coding startup. Get the Full Story Complete the form to unlock this article and enjoy...

Legal & Regulation
Lawmakers Want AML Rules to Target Bigger Threats
June 17, 2026

Two lawmakers have asked the Financial Crimes Enforcement Network (FinCEN) to ensure that reducing unnecessary compliance burdens and prioritizing high-risk financial crimes in its enforcement efforts are part of its current rulemaking process. Get the Full Story Complete the form to unlock this article and...

Investments
Trace Finance Raises $32 Million for Stablecoin Infrastructure Offering
June 17, 2026

Cross-border payments/stablecoin settlement infrastructure company Trace Finance has raised $32 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...

Investments
Karta Raises $140 Million for Credit-Invisible Travelers’ Card
June 17, 2026

Travel-focused credit card company Karta has raised $140 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...

Legal & Regulation
CFTC Seeks a Faster Lane for FinTech Partnerships
June 17, 2026

The Commodity Futures Trading Commission (CFTC) is looking for ways it can make it easier for FinTech firms to partner with federally regulated institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Personnel
WeShop Picks Warner Music Veteran to Head Social Commerce Platform
June 17, 2026

Social commerce platform WeShop has picked Warner Music veteran Maria Weaver as its CEO. 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...

Artificial Intelligence
Connecticut Requires AI Companies to Disclose Subscription Limits
June 17, 2026

Connecticut has passed a law requiring artificial intelligence (AI) subscription providers to disclose usage caps, feature restrictions, and any discretion to reduce service quality before a customer pays. It takes effect Oct. 1. Get the Full Story Complete the form to unlock this article and...