News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

Source: pymnts.com

GENIUS Act Makes Banks Check AI Payments for Financial Crime

GENIUS Act Makes Banks Check AI Payments for Financial Crime
GENIUS Act Makes Banks Check AI Payments for Financial Crime
September 11, 2026  |  Cryptocurrency

Traditional financial institutions and companies seeking permission to issue payment stablecoins are redesigning their compliance systems as regulators move to implement the GENIUS Act. Get...

READ MORE >
AFL-CIO Think Tank Seeks Ban on Electronic Shelf Labels
AFL-CIO Think Tank Seeks Ban on Electronic Shelf Labels
September 11, 2026  |  Retail

The AFL-CIO Tech Institute, a think tank established in 2021 by the AFL-CIO labor union, is calling on policymakers to ban the use of electronic...

READ MORE >
OpenAI Targets the Work Junior Bankers Do
OpenAI Targets the Work Junior Bankers Do
September 11, 2026  |  Artificial Intelligence

OpenAI launched ChatGPT for Financial Services Thursday (Sept. 10), according to an announcement on its website. The product is a tailored version of ChatGPT Work,...

READ MORE >
Higher Housing and Gas Costs Squeeze What’s Left for Shopping
Higher Housing and Gas Costs Squeeze What’s Left for Shopping
September 11, 2026  |  Economy

Consumer prices accelerated in August, adding to household expenses at a time when many financially constrained consumers have already reduced the discretionary spending they can...

READ MORE >
Kroger Slashes Outlook as Strained Consumers Pivot to Essentials
Kroger Slashes Outlook as Strained Consumers Pivot to Essentials
September 11, 2026  |  Earnings

A challenging macro environment and other issues affecting the grocery industry led Kroger to lower its 2026 full-year guidance for identical sales without fuel, executives...

READ MORE >
What a $13 Million DOJ Case Reveals About B2B’s KYB Problem
What a $13 Million DOJ Case Reveals About B2B’s KYB Problem
September 11, 2026  |  B2B Payments

The next frontier of know your business (KYB) may have surprisingly little to do with knowing whether a business exists. Instead, the governance and operational...

READ MORE >
California Starts Regulating the People Who Audit AI
California Starts Regulating the People Who Audit AI
September 11, 2026  |  Legal & Regulation

California has moved beyond requiring companies to examine the risks of artificial intelligence and has begun regulating the people hired to perform those examinations. Get...

READ MORE >
Sam Altman Floats Industrywide Pause as Frontier AI Safety Concerns Grow
Sam Altman Floats Industrywide Pause as Frontier AI Safety Concerns Grow
September 11, 2026  |  Artificial Intelligence

OpenAI CEO Sam Altman told employees in a company-wide meeting that the firm is considering slowing down its development of cutting-edge artificial intelligence, Bloomberg reported...

READ MORE >