Credit unions are re-evaluating legacy payments systems instead of replacing them entirely, as these systems remain central to money movement despite being difficult and expensive to maintain. Velera …
Visa executive Olaseni Alabede told PYMNTS that agentic commerce represents the next phase of eCommerce and mobile payments, urging acquirers to modify existing payment infrastructure instead of creat…
One in three Americans aged 50 to 80 report feeling lonely, and the population over 65 is projected to reach 82 million by 2050, according to PYMNTS. AI-powered companion products such as ElliQ and Ca…
Revolut U.S. CEO Cetin Duransoy stated at Semafor's Banking on the Future Forum that the fintech's AI-driven transaction-monitoring systems perform "statistically significantly better than human revie…
AI inference provider Baseten is in talks to raise $1 billion at an $11 billion valuation, according to a person familiar with the matter. The company, valued at $5 billion earlier this year, reported…
Paymentus vice president Garrett Baird said 75% of transactions still run on mainframes, arguing legacy systems are reliable and secure rather than liabilities. Baird framed artificial intelligence as…
The rise of agentic AI software that searches, selects and initiates purchases on behalf of consumers is increasing the operational cost of rejecting legitimate payments, according to PYMNTS. Faster A…
The restaurant industry employed 15.9 million workers in 2025 with average annual turnover reaching 75%, as 80% of operators reported at least one open position and average training costs hit $3,037 p…
Alipay and its parent Ant Group launched a full-stack AI payments infrastructure on May 26, 2026, introducing an AI Wallet for consumers and Token Pay for businesses to facilitate transactions in an a…