Artificial Intelligence
Companies Want to Own Their AI, Not Rent It
August 12, 2026

Enterprises are realizing that renting the same general-purpose artificial intelligence model as every competitor is a losing strategy. Prompting the same closed system erases any edge, and every query hands proprietary business data to an outside AI lab. Running that model can also cost five...

BNPL
Housecall Pro Brings Klarna Payment Tools to Home Service Pros
August 12, 2026

Home service professionals using the Housecall Pro platform can now offer their customers Klarna’s payment solutions, Klarna said in a Wednesday (Aug. 12) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cryptocurrency
OCC Stablecoin Reporting Proposal Tests Regulatory Alignment
August 12, 2026

Comment letters filed with the Office of the Comptroller of the Currency show where implementation of federal stablecoin regulation may require further work, particularly around the information regulators expect issuers to produce regularly. Get the Full Story Complete the form to unlock this article and...

Artificial Intelligence
US Aims to Boost Trade of AI-Related Goods With Allies
August 12, 2026

The State Department has launched a program designed to speed the trade of artificial intelligence (AI)-related materials with America’s allies. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Artificial Intelligence
DeepSeek Targets Agentic Coding Market With New Team
August 12, 2026

DeepSeek is gearing up to compete with Anthropic’s Claude Code in the market for artificial intelligence agents that automate work for business professionals, Bloomberg reported Wednesday (Aug. 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Payment Methods
Flywire and Trustly Bring Open Banking Partnership to US
August 12, 2026

Flywire is expanding support for open banking payments in the U.S. and Canada. 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...

Artificial Intelligence
Intuit Debuts AI Tools for Middle Market Companies
August 12, 2026

Intuit has introduced artificial intelligence (AI)-centered updates to its middle market financial platforms, QuickBooks Online Advanced and Intuit Enterprise Suite. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Partnerships
Bank of America Targets India Credit Boom in Jio Credit Joint Venture
August 12, 2026

Bank of America agreed to acquire as much as a 49.9% interest as a joint venture partner in Jio Financial Services Limited’s nonbank financial company lending subsidiary, Jio Credit Limited (JCL), according to a Wednesday (Aug. 12) press release. Get the Full Story Complete the...

Artificial Intelligence
AI Agents Just Got Their Own Company Credit Cards
August 12, 2026

Mercury this week gave artificial intelligence agents something companies routinely give new employees: a corporate card of their own. Extending that perk to an agent, not a person, is new. Agent cards treat the agent exactly like that new hire, with its own payment credential,...