Acquiring
Citi Plans to Acquire Kard to Deliver More Personalized Rewards
August 13, 2026

Citi’s U.S. Consumer Cards business plans to expand its customer engagement and commerce media capabilities by acquiring Kard Financial, a commerce media and rewards platform for banks and FinTechs, Citi said in a Thursday (Aug. 13) press release. Get the Full Story Complete the form to unlock...

Artificial Intelligence
AI Just Got Its First 24/7 TV Channel
August 13, 2026

Fairground AI Creator TV is a channel that runs entirely artificial intelligence (AI)-generated video 24 hours a day, seven days a week, interrupted only by AI-generated commercials. That makes it the first free ad-supported streaming television (FAST) channel built exclusively from AI content, Fairground Entertainment...

Blockchain
Chime Weighs Adding Stablecoin Wallet to Consumer Banking App
August 13, 2026

Chime Financial is considering adding stablecoins as a feature in its consumer banking app, Bloomberg reported Thursday (Aug. 13), citing unnamed sources. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Investments
Databricks Raises $5 Billion to Expand Enterprise AI Agent Platform
August 13, 2026

Data and artificial intelligence (AI) company Databricks raised $5 billion in a strategic funding round at a $190 billion valuation, the firm said in a Thursday (Aug. 13) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Artificial Intelligence
OpenAI CFO Sarah Friar Built an AI-Native Department. Mid-Market CFOs Can Start Smaller.
August 13, 2026

Most mid-market CFOs are not going to build OpenAI’s finance stack. They do not have the same engineering resources, access to frontier models or appetite for rebuilding finance workflows from first principles. Get the Full Story Complete the form to unlock this article and enjoy...

Artificial Intelligence
Microsoft Unifies Consumer and Enterprise Copilot in Push for Single Platform
August 13, 2026

Microsoft has begun combining its consumer and enterprise Copilot apps into a single product, starting a gradual transition that will culminate in a super app the company has been building to compete more directly with ChatGPT, Gemini and Claude. Get the Full Story Complete the...

Retail
Amazon Wants Alexa to Look Inside the Fridge and Fill the Cart
August 13, 2026

Amazon’s latest Alexa demonstration looked almost trivial: photograph a refrigerator, ask what groceries are missing, and let artificial intelligence assemble the shopping list. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Economy
Jobless Claims Tick Up Amid Summertime Slowdown
August 13, 2026

Jobless claims inched up last week in a move Bloomberg reported could be due to seasonal employment patterns. 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...

Earnings
Adyen Ties Loyalty to Payments as In-Person Volume Climbs 28%
August 13, 2026

Adyen’s first-half results were driven heavily by merchants already on its platform sending it more payment volume, with in-person transactions growing faster than the company’s overall volume. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...