News

IPO
Brazilian Payments Firm Elo Plans American IPO
May 11, 2026

Brazilian payments firm Elo is reportedly working on an initial public offering (IPO). 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...

Banking
Ivy Rebrands as Augustus After OCC Charter Approval
May 11, 2026

Financial services firm Ivy has rebranded as Augustus on its road to becoming a bank. 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,...

Artificial Intelligence
Uber’s AI Knows the City Before Your Driver Does
May 11, 2026

Forty million trips a day. Fifteen thousand cities. More than 70 countries. Uber doesn’t run a ride-hailing app so much as a living logistics network, one where every market operates on its own traffic rhythms, regulations, languages and pricing dynamics. Get the Full Story Complete...

Artificial Intelligence
OpenAI Launches $4 Billion Company to Accelerate Enterprise AI Adoption
May 11, 2026

OpenAI launched a new company that will help organizations build and deploy artificial intelligence systems. 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,...

Investments
Canton Network Owner Seeks $2 Billion Valuation With New Funding
May 11, 2026

Blockchain developer Digital Asset Holdings is reportedly wrapping a funding round that could value it at $2 billion. 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...

Cross-border Payments
Wise Uses Nasdaq Listing to Chase Bigger US Market
May 11, 2026

Wise debuted its U.S. listing on Nasdaq Monday (May 11), while maintaining a secondary listing on the London Stock Exchange (LSE). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Retailers Launch $20 Billion Remodeling Effort to Boost in-Store Sales
May 11, 2026

American retailers are spending billions on renovations to entice shoppers back into stores. 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....

B2B Payments
The Case for B2B Card Acceptance Is in the Data
May 11, 2026

Watch more: Need to Know With Mastercard’s Marc Pettican  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 this form,...

Artificial Intelligence
AI Agents Are Coming for Government’s Hold Music
May 11, 2026

In its first week live, an artificial intelligence agent called Bobbi resolved 82% of citizen queries across three police forces in the United Kingdom without once passing the call to a human. Get the Full Story Complete the form to unlock this article and enjoy...