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payments industry
Trends
- 1AI executive calls generative AI 'the largest theft of labor in human history'●AI exec: We may have pulled off “the largest theft of labor in human history.”
A tech executive involved in a lawsuit over AI training data is quoted calling generative AI potentially 'the largest theft of labor in human history.' The remarks surfaced through documents made public in the case, in which creators allege their work was used without permission or payment. The comment is drawing attention because it appears to acknowledge, from inside the industry, concerns that artists, writers and other workers whose material trained AI systems have not been compensated.
- 2Embedded Finance Revenue to Hit $617 Billion by 2031●Embedded Finance Revenue to Reach $617 Billion Globally by 2031, as B2B Revenue Surges 390%
New industry projections show global embedded finance revenue reaching $617 billion by 2031, with B2B embedded finance revenue forecast to surge 390% over the period. The figures point to rapid growth as companies across sectors integrate payments, lending and insurance directly into their products. Analysts highlight business-to-business applications as the fastest-expanding segment of the market.
- 3Retailers Rewire Payment Systems For Agentic Commerce▼How Retailers Are Rewiring Payment Rails For Agentic Commerce
Retailers are rebuilding their payment infrastructure to serve agentic commerce, where AI agents rather than human shoppers initiate and complete purchases. The shift requires new payment rails that can authenticate machine-driven transactions, handle delegated authority, and manage fraud risks when software acts on a customer's behalf. Industry coverage suggests payments providers and merchants see agent-led buying as the next major e-commerce battleground.