News

Artificial Intelligence
Snowflake Intelligence Takes Aim at Banking’s AI Trust Gap
November 04, 2025

As impressive as artificial intelligence (AI) in all its forms can be, its effectiveness still depends on one essential factor: the quality and governance of the data that powers it. For financial institutions that sit atop vast reservoirs of information, this connection between data and...

Loyalty & Rewards
United Airlines’ New Card Capitalizes on Debit Rewards Trend
November 04, 2025

The battle for travel loyalty is has already made a sizeable and comfortable home in customers’ wallets. From co-branded luxury credit cards with annual fees that boast a comma, to entry-level flexible offerings, there’s something for everyone when it comes to earning airline points while...

Banking
Fraud Cases Lead Banking Giants to Tighten Oversight
November 04, 2025

Banks are reportedly tightening security following a series of fraud allegations involving corporate borrowers. 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...

Retail
Simon Says Holidays Will Be Tariff Testing Ground for Luxury Retail
November 03, 2025

It’s a challenging operating and macro environment for retailers. And perhaps no one knows that better than the real estate firm Simon, which owns and invests primarily in shopping, dining, entertainment and mixed-use destinations. Get the Full Story Complete the form to unlock this article...

Artificial Intelligence
Sam Altman Says OpenAI Revenue Is Over $13 Billion and Growing Steeply
November 03, 2025

OpenAI is doing “well more” than $13 billion in revenue, CEO Sam Altman said on a BG2Pod podcast over the weekend. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Artificial Intelligence
Vibe Coding Won’t Replace Humans Anytime Soon, Data Shows
November 03, 2025

Autonomous coding agents can now generate, test and debug entire applications but they still falter without human oversight. A new academic work titled, “A Survey of Vibe Coding with Large Language Models” finds that even advanced models capable of building complete apps lose accuracy and...

Cross-border Payments
EU Banks Increase Their Dependence on American Dollars
November 03, 2025

European banks have increased their dependence on United States dollars, according to a report issued Monday (Nov. 3) by the European Banking Authority. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Artificial Intelligence
OpenAI Strikes $38 Billion Cloud Deal With AWS
November 03, 2025

AWS and OpenAI have announced a $38 billion agreement that enables OpenAI to run its AI workloads on AWS infrastructure, starting immediately. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Artificial Intelligence
Tech Giants Tackle Major AI Security Threat
November 03, 2025

Tech companies are reportedly increasing efforts to combat a security flaw in their AI models. 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,...