News

Banking
Wells Fargo Makes New Push to Recruit Wealth Managers
August 27, 2026

Wells Fargo has spent the last few years overhauling its wealth management business. 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....

Banking
Community Banks Embrace Pooled Infrastructure as New Edge in Stablecoin Race
August 27, 2026

Thirty-nine state banker associations this week announced plans to create an industry-owned, industry-designed and industry-governed blockchain network capable of supporting smart payments, tokenized deposits, stablecoins and automated settlement. But the most important verbiage in the BankChain Alliance’s Tuesday (Aug. 25) release wasn’t “blockchain.” It was...

Investments
Socure Acquires Fraud Fighter Fravity as Valuation Hits $5.2 Billion
August 27, 2026

Identity and risk intelligence infrastructure provider Socure is now a $5.2 billion company. 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....

Banking
UK Wants Central Bank to Support Stablecoin Innovation
August 27, 2026

England wants its central bank to support innovation in stablecoins and other digital money. 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...

Acquiring
Nvidia Nearing $13 Billion Deal For AI Startup Hugging Face
August 27, 2026

Nvidia is reportedly close to acquiring the artificial intelligence platform Hugging Face. 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...

Payments Innovation
WEX Says Faster Payments Need Smarter Brakes
August 27, 2026

Watch more: What’s Next in Payments With WEX’s Ron Griswold 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...

Artificial Intelligence
Synchrony Says AI Has Put Every Checkout in Play
August 27, 2026

Watch more: What’s Next in Payments With Synchrony’s Maran Nalluswami 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...

Payments Innovation
Bank of England Welcomes Government Plan to Drive UK Payments Innovation
August 26, 2026

The British Treasury plans to give the Bank of England a new “secondary objective” to support innovation in payments technology and digital currencies, including stablecoins, Reuters reported Wednesday (Aug. 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Artificial Intelligence
Nvidia CEO Says AI Is Already Productive, Not Just Promising
August 26, 2026

Artificial intelligence has moved past the hype stage, according to Nvidia’s CEO. Jensen Huang put it plainly on the company’s second quarter earnings call that “AI has reached its inflection point. It’s doing useful work. Its tokens are productive and profitable. Now, compute is revenue.”...