PYMNTS News

More Than Two-Thirds of Boomers Still Sit Outside AI’s Reach

More Than Two-Thirds of Boomers Still Sit Outside AI’s Reach
More Than Two-Thirds of Boomers Still Sit Outside AI’s Reach
May 08, 2026  |  Artificial Intelligence

Forget the robot concierge. Consumers are warming up to artificial intelligence one mundane errand at a time, and that may be exactly the point. Get...

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Anthropic Valuation Could Eclipse OpenAI in $50 Billion Funding Round
Anthropic Valuation Could Eclipse OpenAI in $50 Billion Funding Round
May 08, 2026  |  Artificial Intelligence

Anthropic is considering a funding round in which it would raise as much as $50 billion and be valued at $900 billion, the Financial Times...

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Platforms That Own Payments Own More of the Customer
Platforms That Own Payments Own More of the Customer
May 08, 2026  |  Payments Innovation

Watch more: Need to Know With Maverick Payments’ Rachel Costello Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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34% of CFOs Say Productivity Is the Top Reason for AI Adoption
34% of CFOs Say Productivity Is the Top Reason for AI Adoption
May 08, 2026  |  Artificial Intelligence

The real story in artificial intelligence is not adoption, but how unevenly companies are learning to live with it. Get the Full Story Complete the...

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BILL Plans 30% Workforce Cut as AI Becomes Top Priority
BILL Plans 30% Workforce Cut as AI Becomes Top Priority
May 07, 2026  |  Earnings

BILL plans to reduce its workforce by 30% by the end of the quarter as it sharpens its focus on artificial intelligence, BILL CEO and...

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Mercado Libre Sacrifices Short-Term Profits to Fuel Growth
Mercado Libre Sacrifices Short-Term Profits to Fuel Growth
May 07, 2026  |  Earnings

Mercado Libre’s investments in free shipping, a Mercado Pago credit card, first-party selection and cross-border trade drove a 49% year-over-year increase in net revenue and...

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Affirm Earnings Put Consumer Credit, Private Credit in Focus
Affirm Earnings Put Consumer Credit, Private Credit in Focus
May 07, 2026  |  BNPL

Affirm’s latest quarter earnings call landed at a revealing moment for consumer finance. The company plays at the intersection of two of the most important...

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Block Rallies as AI Push Turns Cash App Into a Lending Hub
Block Rallies as AI Push Turns Cash App Into a Lending Hub
May 07, 2026  |  Earnings

Block’s first-quarter earnings report was the company’s first since its sweeping organizational restructuring and staff reductions earlier this year, and management used the call to...

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