Pymnts
513 stories
Getting Money Back Could Be Stablecoins’ Next Big Selling Point
Stablecoins offer instant payments but face recovery challenges for businesses.
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The ‘C’ in CFO Now Stands for Cybersecurity, Thanks to AI
AI shifts CFO focus from security costs to cybersecurity efficiency as attackers exploit cheaper AI tools.
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Stripe and Plasma Launch Multi-Currency Stablecoin Cards
Stripe partners with Plasma to create cards that let users spend in multiple currencies without conversion.
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Meta and Google Boost AI Capabilities
Meta ships advanced AI agents while Google launches Gemini 4 Argon for finance and legal tasks.
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Meta and Apple Launch Open-Weight AI Model for Desktops
Meta and Apple release Muse Spark Open, an open-weight AI model running on Mac Studios with M5 Ultra chips.
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BoE Warns Banks Against AI Cybersecurity Risks
Bank of England urges financial institutions to prepare for AI-driven cyber threats.
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AI Micropayments Point to Crypto’s Role in Agentic Commerce
AI agents use crypto for tiny payments, creating new market for automated commerce.
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PNC Uses Tech to Fight AI Deposit Flight
PNC Financial Services Group uses better tech and service to combat AI-driven deposit movement.
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Amazon and Walmart Shift Retail Costs to Suppliers
Retail giants Amazon and Walmart are making efficiency gains that shift costs to suppliers and brands.
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Intuit Acquires Sequence for B2B Revenue Management
Intuit buys Sequence to boost AI-powered revenue management for mid-market businesses.
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Kohl’s AI Gift Finder Enters Holiday Season
Kohl’s AI gift finder expands to holiday shopping with improved conversion rates and higher revenue per visit.
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Fed Finds Consumer Spending Holding as Confidence Slips
Consumer spending holds steady as confidence drops, high-income households drive spending despite financial strain.
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Freshfields Considers Billion-Dollar AI Spinoff
Freshfields law firm explores splitting its AI unit into a separate company worth billions.
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Small Business Lending Uses Shipping Data for Credit
FedEx and Stripe turn shipping data into small business credit signals.
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Modal Triples Valuation to $15 Billion
AI infrastructure startup Modal's valuation jumps to $15.75 billion after tripled demand.
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Nuvei Gets South African Payment License
Nuvei expands global payments platform with new South African license.
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FTC Cases Scrutinize Digital Business Promises
Digital businesses face FTC penalties for broken promises on pricing, subscriptions, and access.
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Xfactrs Launches Revenue Leak Detection Tool
Xfactrs tool helps services firms track revenue leaks with AI.
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OCC Report Accuses Banks of Political Debanking
Federal regulators accuse top US banks of politically motivated debanking.
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Qivalis Gets Dutch Bank Approval for Euro Stablecoins
Dutch central bank approves Qivalis to issue euro-denominated electronic money tokens.
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Pluto Security Raises $42 Million for AI Security
Pluto Security secures $42 million to protect corporate AI without blocking innovation.
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US Fines Bank of America $1.2 Billion for AML and Sanctions Violations
US fines Bank of America $1.2 billion over alleged anti-money laundering and sanctions breaches.
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ServiceNow Denies Decagon Takeover Reports
ServiceNow says it won't buy AI startup Decagon after media reports of interest.
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Apple's Ives: Siri AI Could Boost Services Revenue
Apple's Siri AI integration may drive 15%+ of services revenue through smart home products.
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Google's New Frontier Model Excels at Deep Work
Google's Gemini 4 Argon model solves complex tasks across domains for developers and enterprises.
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FinCEN Digital ID Rules for Banks
Banks can now use government digital IDs for customer checks but must handle fraud risks.
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Cyberattacks Spoil Retail Inventory by Manipulating Thermostats
Hackers manipulate supermarket refrigerators to spoil food, causing millions in losses.
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Domino's New Product Boosts Sales
Domino's Domino pizza fixes slumping sales with personalized options.
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Stablecoins Have a $10 Million Problem
Stablecoins move money fast but often return to banks, creating liquidity gaps for businesses.
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Delta CEO Credits Loyalty Program for Record September Revenue
Delta Air Lines' loyalty program helped boost September quarter revenue to $17.6 billion, a record high.
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Treasury Screens 1.1 Billion Payments
Treasury blocked $175m payments to deceased individuals by screening 1.1 billion federal payments in fiscal 2026.
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Mashreq’s AI Agents Cut Integration Time Up to 70%
Mashreq’s AI agents reduce integration time by 70% in banking systems.
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Ransomware Gang Claims MoneyGram Data Theft
Ransomware group threatens to leak MoneyGram data unless negotiations begin.
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Why 42% of Companies Use Layered AI Stacks for Fraud Prevention
42% of companies deploy AI layers to stop payment fraud, boosting security without slowing transactions.
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AI Agents Give Main Street Businesses Big Business Muscle
Small businesses gain operational power through AI agents, avoiding hiring costs while scaling productivity.
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71% of Card Switchers Choose Existing Card
71% of credit card switchers pick a card already in their wallet, not a new one.
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Microsoft President Says AI Less Regulated Than Washing Machines
Microsoft's Brad Smith argues AI needs urgent global regulation as it faces less oversight than appliances.
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Leela CEO: AI Creates 10-Person Compliance Team
Leela's AI platform cuts compliance costs by handling 262 obligations for one client.
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Firms Lose Revenue When Payments Fail
Two-thirds of firms delay revenue when payments fail, report shows.
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Do Banks Need AI Employees More Than Core Upgrades?
Banks can add AI coworkers without replacing legacy systems, Kastle CEO says.
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Finance Teams Embrace AI but Many Still Struggle to Unlock Working Capital
AI adoption in finance is widespread but firms struggle to convert predictions into cash decisions.
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EU Tech Chief Says AI Act Can Contain Rogue Agents
EU tech chief claims AI Act can contain rogue AI agents.
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AI Companies Drive 31% Earnings Uptick
AI firms expected to boost S&P 500 earnings 31% in Q3.
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Microsoft CEO Calls for AI Safeguards
Microsoft's CEO urges emergency brakes for AI to prevent rogue systems.
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Scamming Hits $422 Billion With AI
AI helps scammers reach $422 billion in fraud globally.
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20% of Americans Behind on Loans
Fed data reveals 20% of U.S. households now behind on loan payments.
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CFTC Targets Prediction Platforms for Regulatory Clarity
CFTC seeks to include prediction platforms in swaps to resolve legal conflicts with state gambling laws.
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Ramp Valued at $60 Billion
Ramp's $60 billion valuation follows new funding round and AI cost-saving tool launch.
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White House Mandates AI Security Reporting
White House requires all AI firms to report security breaches immediately.
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Nvidia Targets Open-Weight AI Firm Reflection
Nvidia reportedly seeks to acquire open-weight AI firm Reflection for strategic AI model control.
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Amazon Weighs $7 Billion AI Startup Deal
Amazon explores $7 billion purchase of AI startup Decart amid competition with Nvidia.
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AI Answers Get Cheaper as Model Choices Multiply
AI answers cost less as companies gain more model choices.
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Amazon Launches Alexa Tablets for Consumers
Amazon introduces new tablets with built-in Alexa+ for smarter interactions.
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Starbucks Considers Chipotle Takeover Bid
Starbucks explores buying Chipotle as restaurant giant faces slump.
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Walmart 1-Hour Express Pickup Launch
Walmart rolls out 1-hour curbside pickup for Walmart+ members.
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Natura's Finger-Control AI Ring
Natura's smart ring lets users control AI agents with a finger tap.
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AI Fraud Defenses Stop Losses Before Payments
59% of firms with AI fraud tools prevent losses before payments occur.
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SAP and Samsung Shift Stablecoin Competition
SAP and Samsung move stablecoin competition from issuance to distribution.
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Splitit CEO: AI Needs Full Financial Picture for Pay Later
Splitit CEO Nandan Sheth says AI agents require full financial context to recommend pay later options effectively.
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Tech Giants Fund White House AI Mission
Tech giants pledged $2.4 billion in AI resources to support federal science efforts.
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