PYMNTS News

SMBs Swap Pricey SaaS Contracts for AI-Built Apps

SMBs Swap Pricey SaaS Contracts for AI-Built Apps
SMBs Swap Pricey SaaS Contracts for AI-Built Apps
July 08, 2026  |  Artificial Intelligence

For two decades, buying enterprise software meant accepting a vendor’s feature set, paying per seat and hiring specialists to manage the platform. For small businesses,...

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New York Fed Finds Tariff-Driven Price Hikes Will Stretch Past 2026
New York Fed Finds Tariff-Driven Price Hikes Will Stretch Past 2026
July 08, 2026  |  Economy

More than a year after the first tariffs of the current Trump administration were implemented, about half of companies are still raising prices to pass...

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Illinois Governor Signs AI Safety Regulation Requiring Yearly LLM Audits
Illinois Governor Signs AI Safety Regulation Requiring Yearly LLM Audits
July 08, 2026  |  Artificial Intelligence

Illinois just told the biggest names in artificial intelligence (AI) that the rules are changing. Get the Full Story Complete the form to unlock this...

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State Farm’s AI Overhaul Gets Low Marks From Customers
State Farm’s AI Overhaul Gets Low Marks From Customers
July 08, 2026  |  Artificial Intelligence

State Farm customers and agents are reportedly unhappy with the insurer’s AI facelift. Get the Full Story Complete the form to unlock this article and enjoy...

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SEC Seeks Ways for More Companies to Go Public
SEC Seeks Ways for More Companies to Go Public
July 08, 2026  |  IPO

Federal securities regulators are exploring ways to encourage more companies to go public. Get the Full Story Complete the form to unlock this article and...

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Nobody Licensed AI to Give Financial Advice
Nobody Licensed AI to Give Financial Advice
July 08, 2026  |  Artificial Intelligence

Financial regulation was built around a specific relationship: a licensed adviser who owes the client a duty of care, carries professional indemnity insurance and answers...

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OpenAI Lands $520 Million Line of Credit From Bank of America
OpenAI Lands $520 Million Line of Credit From Bank of America
July 08, 2026  |  Artificial Intelligence

Bank of America has reportedly given OpenAI a $520 million line of credit ahead of its planned IPO. Get the Full Story Complete the form to unlock...

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Mistral Introduces Robotics AI That Requires Only One Camera
Mistral Introduces Robotics AI That Requires Only One Camera
July 08, 2026  |  Artificial Intelligence

Mistral introduced its first artificial intelligence model built for “embodied navigation,” or enabling robots to autonomously move through complex environments, according to a Tuesday (July...

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