News

Latin America
Global FinTechs Race Into Brazil as Cumbuca Offers a New Back Door
December 03, 2025

Cumbuca, a Y Combinator-backed FinTech, is betting that global payment players want into Brazil faster than the licensing process allows. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

IPO
Anthropic Races OpenAI as It Preps a Mega IPO
December 03, 2025

Anthropic is taking early-but-consequential steps toward a potential IPO that could arrive as soon as 2026. It’s a timeline that, if it holds, would put one of the most important generative AI vendors used across financial services onto public-market footing ahead of rival OpenAI. Get...

Artificial Intelligence
Autonomous Agents Challenge Retailers to Earn Trust
December 03, 2025

For decades, retailers have chased the holy grail of frictionless commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...

Cross-border Payments
Discover Network: ‘Paying Like a Local’ New Benchmark for Global Travelers
December 03, 2025

Travel is an experiential sector where every detail matters. A small surprise can either spoil or enhance the experience. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

Delivery
Instacart Sues New York City to Block New Grocery Delivery Laws
December 02, 2025

Instacart is suing New York City over the city’s new laws that will govern grocery delivery workers’ pay and tips. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Artificial Intelligence
Zip Says Agentic Procurement Orchestration Platform Processed $355 Billion in Spend
December 02, 2025

Zip said Tuesday (Dec. 2) that its agentic procurement orchestration platform has processed $355 billion in spend across more than 7 million suppliers in 2025. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
Big Tech Broadens AI Footprint from Local PC Agents to Super Factories
December 02, 2025

A new wave of announcements from big technology companies shows how quickly the artificial intelligence (AI) landscape is shifting. This week’s updates reflect a broader push to increase existing footprint from local PC agents to AI Super Factories. Get the Full Story Complete the form...

Artificial Intelligence
Mistral Releases New Family of AI Models, Promoting Performance-to-Cost Ratio
December 02, 2025

Artificial intelligence (AI) startup Mistral released the next generation of its models Tuesday (Dec. 2), saying they “represent the best performance-to-cost ratio in their category.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Retail
Black Friday Retains Lead Over Cyber Monday Amid Record-High Weekend Sales
December 02, 2025

A record number of consumers shopped during the five days from Thanksgiving Day through Cyber Monday, with Black Friday remaining the most popular day, according to the National Retail Federation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...