PYMNTS News

Companies Trust AI’s Advice but Not Its Actions

Companies Trust AI’s Advice but Not Its Actions
Companies Trust AI’s Advice but Not Its Actions
July 02, 2026  |  Artificial Intelligence

Companies are using artificial intelligence across more of their operations than ever while trusting it less to act on its own. Get the Full Story...

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Microsoft Spends $2.5 Billion on Customer AI Deployments
Microsoft Spends $2.5 Billion on Customer AI Deployments
July 02, 2026  |  Artificial Intelligence

Microsoft will spend $2.5 billion on a new unit aimed at helping its customers implement artificial intelligence (AI). Get the Full Story Complete the form...

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Kalshi Probes Trading Spike After Spotify Detects Song Chart Manipulation
Kalshi Probes Trading Spike After Spotify Detects Song Chart Manipulation
July 02, 2026  |  Streaming

Kalshi is looking into an incident in which streams of a song on Spotify may have been artificially boosted at the same time there was...

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Sen. Warner Demands DOJ Probe Into Homeland Security Network Breach
Sen. Warner Demands DOJ Probe Into Homeland Security Network Breach
July 02, 2026  |  Cybersecurity

Sen. Mark Warner, D-Va., vice chair of the Senate Select Committee on Intelligence, has called on the Department of Homeland Security (DHS) and the Department of Justice (DOJ)...

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Velera Names 3 Credit Union CEOs to Its Board
Velera Names 3 Credit Union CEOs to Its Board
July 02, 2026  |  Credit Unions

Credit union service union organization (CUSO) Velera named three new associate directors to its board, according to a Thursday (July 2) press release. Get the...

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UBS Plans to Launch Banking Services For Wealthy Americans
UBS Plans to Launch Banking Services For Wealthy Americans
July 02, 2026  |  Banking

Swiss bank UBS is reportedly planning to launch a bank for wealthy Americans. Get the Full Story Complete the form to unlock this article and...

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SpaceX Built the Network an AI Device Needs. Now What?
SpaceX Built the Network an AI Device Needs. Now What?
July 02, 2026  |  Artificial Intelligence

SpaceX controls a satellite broadband network, a direct-to-cell service and an AI company. What it doesn’t have is a consumer device that connects all three....

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Regions Bank Accelerates Capital Markets Push With Frazer Lanier Acquisition
Regions Bank Accelerates Capital Markets Push With Frazer Lanier Acquisition
July 02, 2026  |  Banking

Regions Bank parent company Regions Financial Corp. has expanded its services by acquiring The Frazer Lanier Company, a Montgomery, Alabama-based full-service investment banking firm specializing...

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