PYMNTS News

Brands Are Losing Shelf Space to AI Algorithms

Brands Are Losing Shelf Space to AI Algorithms
Brands Are Losing Shelf Space to AI Algorithms
August 18, 2026  |  Retail

Tesco has spent three decades learning what more than 24 million U.K. households buy through its Clubcard loyalty program. Now the grocer is testing what...

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TikTok App Code Suggests Exploration of Peer-to-Peer Payment Feature
TikTok App Code Suggests Exploration of Peer-to-Peer Payment Feature
August 18, 2026  |  Digital Payments

TikTok is exploring a feature that would enable peer-to-peer payments between users via direct messages, Bloomberg reported Tuesday (Aug. 18). Get the Full Story Complete the form to...

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FBI Plans $88M AI Infrastructure Investment
FBI Plans $88M AI Infrastructure Investment
August 18, 2026  |  Artificial Intelligence

The FBI plans to spend as much as $88 million on artificial infrastructure to expand its AI capacity, Fedscoop reported Tuesday (Aug. 18), citing procurement...

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Currency Just Became Treasury’s Newest Superpower
Currency Just Became Treasury’s Newest Superpower
August 18, 2026  |  Cross-border Payments

A global business shouldn’t have to choose between local checkout for its customers and manageable treasury for its chief financial officer. Get the Full Story...

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Kraken Brings Multi-Asset Debit Card to US Market
Kraken Brings Multi-Asset Debit Card to US Market
August 18, 2026  |  Cryptocurrency

Kraken has launched its multi-asset debit card, Krak Card, in the United States, about eight months after introducing the card in the United Kingdom and the...

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eCommerce Takes 17.1% of Retail Sales as Online Growth Accelerates
eCommerce Takes 17.1% of Retail Sales as Online Growth Accelerates
August 18, 2026  |  eCommerce

For every $100 Americans spent at retailers in the second quarter, $17.10 went through eCommerce, extending a gradual but persistent redirection of retail spending toward...

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Large Holders Pour $2.75 Billion into Bitcoin After Months of Selling
Large Holders Pour $2.75 Billion into Bitcoin After Months of Selling
August 18, 2026  |  Bitcoin

After months of selling bitcoin, large holders have bought about 43,000 of the coins over the past 60 days, Bloomberg reported Tuesday (Aug. 18), citing data from CryptoQuant....

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Dead Airline’s Emails Just Became a $10 Million AI Prize
Dead Airline’s Emails Just Became a $10 Million AI Prize
August 18, 2026  |  Artificial Intelligence

Spirit Airlines shut down in May, its second Chapter 11 bankruptcy in two years, leaving behind planes, airport slots and a loyalty program to be...

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