Merchant payments company Pine Labs is integrating OpenAI’s artificial intelligence models directly into its core systems to autonomously optimise the workflows behind transactions.The architecture would allow AI agents to autonomously navigate complex financial tasks such as negotiating supplier terms, optimising cross-border settlement cycles, and managing recurring bill payments within predefined user guardrails, the companies said in a statement. OpenAI will provide decision-making capabilities, while Pine Lab’s payment rails will handle transaction execution and regulatory compliance, the statement said.Pine Labs also plans to make this agentic stack available to third-party developers, enabling them to build AI-native fintech applications on its infrastructure.“For decades, commerce has been built on passive systems that simply follow instructions. At Pine Labs, we are moving beyond that era to build an active, intelligent layer for business,” said B Amrish Rau, CEO of Pine Labs, in the statement. He also said, “Our work with OpenAI ensures that our infrastructure is no longer just a participant in a trade, but a driver of efficiency and growth. We are building the first agentic stack for the next generation of the global economy.”Pine Labs said the integration will create a “reasoning layer” for commerce, enabling systems to interpret context and weigh… Read MoreYourStory RSS Feed
