Today on PYMNTS

drawer full of eyeballs
The Weekender
Online Auctions Put a Price on Strange

Somewhere, someone has decided that a drawer containing 171 eyeballs is worth $2,640. Presumably,…

Going public stock market sign
IPO
OPay Files for US IPO with 50 Million Active Users and Expansion…

OPay, a digital financial platform built for emerging markets, has 50.1 million monthly active…

Business
Revolut CEO Targets Long-Term Growth With Proprietary Models

Revolut aims to expand its suite of technology products and, over the long term, grow…

credit-cards
Legal & Regulation
Trump Urges Congress to Pass Credit Card Competition Act

President Donald Trump continues to urge Congress to pass the Credit Card Competition Act, a…

fraud warning
Fraud Prevention
2 Years of SDNY FinCrime Cases Show New Technology Scaling…

Enterprise fraud and white-collar crime’s biggest shift over the past two years is less…

woman looking at bills
Consumer Finance
Overdrafts Expose a Divide in Credit Access

Running short of money before the next paycheck can force a consumer into making…

healthcare, labor, AI, personnel
Investments
Vitalize Secures $31 Million to Address Healthcare’s Staffing Chaos

Vitalize raised $31 million in a Series A funding round to accelerate the growth…

Apple logo on building
Mobile
Apple Scales Back iPhone 18 Orders as Price Hike Cools…

Apple has reduced its orders of components for the latest iPhones for October by…

race car radio people
Artificial Intelligence
Aston Martin F1 Uses AI to Monitor Rival Radio

Aston Martin’s Formula One team now listens to 40 race radio channels at once,…

blockchain.com
Legal & Regulation
Blockchain.com Seeks US Approval for Event Contracts and Derivatives

Digital asset platform Blockchain.com applied for licenses to offer event contracts and cryptocurrency derivatives in…

Bending Spoons
Artificial Intelligence
Bending Spoons Deploys AI to Overhaul Acquired Software Companies

Artificial intelligence has been valuable to Bending Spoons, a company that buys digital businesses…

Artificial Intelligence
Banks Put AI Agents Through Performance Reviews

A fund manager in Hong Kong emails BNY at 2 a.m. New York time…

Mastercard
Cross-border Payments
Mastercard CEO Says Stablecoins Solve Cross-Border Payment Delays

Cross-border payments are proving to be the strongest use case for stablecoins, Mastercard CEO Michael Miebach said Friday…

CFPB
Legal & Regulation
CFPB Adopts ‘Lighter Touch’ Bank Supervision Amid Funding Battle

Banks and other consumer lending institutions are finding it easier these days to score…

Payments Innovation
Automation and AI Move Deeper Into Payment Exceptions

Much of payment processing already happens without an employee touching the transaction. The “hands-on”…

Cross-border Payments
AI Agents Can Make Cross-Border Payments Faster, But Not Fix Why They Fail

Moving money across borders may be one of the last steps in an international…

Japan flags and city buildings
Cybersecurity
Japan Races to Improve Cybersecurity After Hacks Expose IDs

Japan’s government agencies are racing to improve the country’s cybersecurity measures after more than…

Insurance
Cost and Compliance Hurdles Could Slow AI Insurance Shopping Agents

Picture this. You ask an artificial intelligence assistant to find you cheaper car insurance,…

OpenAI assessments
Artificial Intelligence
OpenAI Projects $20 Billion Jump in Annualized Revenue Before Year…

OpenAI expects its annualized revenue to reach at least $70 billion by the end…

Splitit
Artificial Intelligence
Splitit CEO Says AI Agents Need the Full Financial Picture…

Watch more: Need to Know With Splitit’s Nandan Sheth Artificial intelligence could turn pay…

Firms-With-3-Al-Tools-Stop-Most-Fraud-Before-Loss
Artificial Intelligence
59% of Firms With AI Fraud Defenses Stop Losses Before…

Businesses that combine several artificial intelligence tools to fight payments fraud are nearly twice…

Exclusive Clips

Markets

Latest Reports

Karen Webster

Regulations

Connected Economy

SMB