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Week in Review: Agentic AI Goes Live as Fraud Surges and Workforce Cuts Accelerate

Monday, March 2, 2026 · 37 sources

Lending Automation

PYMNTS

Investors Ramp up Bets on the Agent Economy

Investors are heavily backing AI agent startups like Sphinx Labs ($7.1M seed) and Basis ($1.15B valuation) that are developing autonomous systems to act as digital employees in fin...

Mar 2 intermediate
PaymentsJournal

Santander and Mastercard Pilot Agentic Commerce

Santander and Mastercard successfully piloted Europe's first fully autonomous AI agent transaction, where an AI agent independently purchased a T-shirt in Spain. This milestone mar...

Mar 2 intermediate
FF News (Fintech Finance)

Pleo: Solving SMBs’ “Frankenstein” Finance Problem

Pleo addresses the fragmented finance technology landscape that many small and medium-sized businesses face, referring to it as a 'Frankenstein' problem. The company appears to off...

Mar 2 beginner
Payments Dive

Getting paid faster in construction

A Tennessee software startup is developing automated accounts receivable solutions for large construction contractors, many of whom still rely on paper-based payment systems. The t...

Mar 2 beginner
PaymentsJournal

ACH and the Path Toward Future-Ready Payments

ACH remains a critical component of U.S. payment infrastructure, continuing to grow despite competition from newer payment rails. The article explores ACH's role in supporting key ...

Mar 2 intermediate

Fraud Detection

Regulatory & Compliance

Finextra

FundBank acquires Irish Layer 1 blockchain firm Trrue

US institutional banking firm FundBank has acquired Irish blockchain startup Trrue Chain to expand its European digital assets and crypto operations. The acquisition by the company...

Mar 2 intermediate
PYMNTS

BofA Economists See AI Creating New Types of Jobs

Bank of America Securities economists predict that AI adoption will create new types of jobs rather than simply eliminate existing ones, contrasting with market concerns about AI-d...

Mar 2 beginner
PYMNTS

DeepSeek Poised to Unveil Latest AI Model

China's DeepSeek is preparing to release its latest large language model, representing a new challenge to American AI competitors. The development highlights ongoing international ...

Mar 1 beginner
Banking Dive

Edward Jones gets FDIC’s nod for ILC charter

Edward Jones received FDIC approval for an industrial loan company (ILC) charter after a six-year process, allowing the investment firm to launch an industrial bank next year. The ...

Mar 2 intermediate