Automation/page/4 news and trends

Insurers Price Robots by the Day, Robotaxis by the Mile
Insurance // October 27, 2026

Self-driving cars, humanoid robots and factory automation carry risks that standard auto, property and liability policies don’t usually cover. Insurers are now building a new line of business around machines that drive, move and decide on their own. Some of the new policies pay for...

Tungsten Automation Says Scale Will Keep Humans in the Payment Loop
Next-Gen AP Automation // October 27, 2026

Watch more: What’s Next in Payments With Tungsten Automation’s Emily Nash-Walker A company can automate routine supplier payments while requiring human approval for unusually large payments or transactions outside its normal markets. For Emily Nash-Walker, senior director of product strategy at Tungsten Automation, that is...

AI Breaks the Traditional Relationship Between Business Growth and Hiring
SMBs // October 27, 2026

Artificial intelligence is creating a new competitive question for small businesses. What happens when revenue can grow without payroll growing alongside it? The PYMNTS Intelligence report “New Data Shows Small Businesses Use AI to Grow Without Hiring,” part of the SMB Growth Monitor, found in...

OpenAI Unveils Half-Price AI Model to Target Enterprise Automation
Artificial Intelligence // October 26, 2026

OpenAI is rolling out GPT-6.1 Terra, a new artificial intelligence (AI) model that costs half as much as two of its other models and is practical for automating high-volume work such as reading invoices and entering their information into accounting software, the company said in...

Interviews & Exclusives
Tungsten Automation Says Scale Will Keep Humans in the Payment Loop

October 27, 2026
Watch more: What’s Next in Payments With Tungsten Automation’s Emily Nash-Walker A company can automate routine supplier payments while requiring human approval for unusually large payments or transactions outside its normal markets. For Emily Nash-Walker, senior director of product strategy at Tungsten Automation, that is where the next phase of accounts payable automation takes shape. […]

AI Breaks the Traditional Relationship Between Business Growth and Hiring

October 27, 2026
Artificial intelligence is creating a new competitive question for small businesses. What happens when revenue can grow without payroll growing alongside it? The PYMNTS Intelligence report “New Data Shows Small...

92% See AP Automation as a Way to Move Beyond Routine Tasks

October 23, 2026
Businesses looking to automate supplier payments are giving technology teams a bigger say in purchasing decisions, and the reason starts with a practical priority: making new software work with what...

25% of Card Replacement Calls Point to an AI Opportunity

October 21, 2026
A replacement card could give issuers a practical way to turn artificial intelligence (AI) investment into faster service and fewer customer calls. That opportunity anchors the third key finding in...

Quick Reads
OpenAI Unveils Half-Price AI Model to Target Enterprise Automation

October 26, 2026
OpenAI is rolling out GPT-6.1 Terra, a new artificial intelligence (AI) model that costs half as much as two of its other models and is practical for automating high-volume work such as reading invoices and entering their information into accounting software, the company said in a Monday (Oct. 26) press release. GPT-6.1 Terra is “a […]

Pigment Raises $250 Million for Agentic AI Platform

October 21, 2026
Business planning and performance management platform Pigment is worth $2.3 billion after raising $250 million in a Series E funding round, according to a Wednesday (Oct. 21) press release. The...

Tungsten Debuts Tool to Streamline Invoice-to-Pay Automation

September 30, 2026
Tungsten Automation has introduced the accounts payable automation engine for its invoice-to-pay platform. The workflow automation company’s new InvoiceAgility+ is designed to use agentic artificial intelligence (AI) to provide end-to-end invoice-to-pay...

Intermezzo Raises $10 Million for Payroll Automation Platform

September 10, 2026
Payroll infrastructure company Intermezzo has raised $10 million in new funding. The startup, founded by two veterans of Intuit, automates payroll for human capital management (HCM) platforms, Intermezzo said in a Thursday (Sept....