PYMNTS News

BIS Warns That AI Debt Could Turn Boom to Bust

BIS Warns That AI Debt Could Turn Boom to Bust
BIS Warns That AI Debt Could Turn Boom to Bust
July 14, 2026  |  Artificial Intelligence

Excessive artificial intelligence (AI) investment could make the technology’s boom unsustainable, according to a new Bank for International Settlements report. Get the Full Story Complete...

READ MORE >
World Cup Trading Pushed Prediction Market Volume Past $50 Billion in June
World Cup Trading Pushed Prediction Market Volume Past $50 Billion in June
July 14, 2026  |  Markets

Prediction markets surpassed $50 billion in monthly volume in June, with their volume driven by trading on the FIFA World Cup 2026, CoinDesk reported Tuesday...

READ MORE >
Anthropic Recruits Monzo Co-Founder to Tackle Compute Issues
Anthropic Recruits Monzo Co-Founder to Tackle Compute Issues
July 14, 2026  |  Personnel

Anthropic has reportedly hired Monzo Co-Founder/Former CEO Tom Blomfield to strengthen its compute team. Get the Full Story Complete the form to unlock this article...

READ MORE >
Robots Crack the Factories Automation Couldn’t Touch
Robots Crack the Factories Automation Couldn’t Touch
July 14, 2026  |  Artificial Intelligence

Industrial robots have historically gone where products are rigid, standardized and produced at scale. Automotive and electronics dominate global installations because their materials and sequences...

READ MORE >
Deutsche Bank Teams With World Bank On $1.1 Billion Trade Finance Platform
Deutsche Bank Teams With World Bank On $1.1 Billion Trade Finance Platform
July 14, 2026  |  Partnerships

Deutsche Bank and the World Bank launched a 1-billion-euro (about $1.1 billion) trade finance platform, according to a Tuesday (July 14) press release. Get the...

READ MORE >
DeepSeek Considers New Funding Round After Raising $7 billion
DeepSeek Considers New Funding Round After Raising $7 billion
July 14, 2026  |  Artificial Intelligence

DeepSeek is reportedly considering a second financing round weeks after concluding its first. Get the Full Story Complete the form to unlock this article and enjoy...

READ MORE >
Klarna Aims to Offload $516 Million in Credit Risk to Fund Growth
Klarna Aims to Offload $516 Million in Credit Risk to Fund Growth
July 14, 2026  |  BNPL

Klarna is working on a significant risk transfer (SRT) that will enable it to offload credit risk tied to buy now, pay later (BNPL) loans...

READ MORE >
Dimon Says AI Will Make Banking Better and Tougher
Dimon Says AI Will Make Banking Better and Tougher
July 14, 2026  |  Earnings

It’s all about the consumer and artificial intelligence, even on a day when five big banks were tracking record-setting earnings. Get the Full Story Complete...

READ MORE >