News

Artificial Intelligence
NIST Launches AI Model Evaluation Program to Benchmark Performance on Blind Test Data
July 29, 2026

The National Institute of Standards and Technology launched a new initiative designed to provide standardized, independent evaluations of artificial intelligence models using blind datasets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
InvestFi Raises $20 Million to Help Credit Unions Reclaim Deposits From Investment Apps
July 29, 2026

Credit union service organization (CUSO) InvestFi raised $20 million for its embedded investing platform that enables American credit unions and community banks to offer their customers digital investing directly within online banking. Get the Full Story Complete the form to unlock this article and enjoy...

Payments Innovation
When the Tech Stack Becomes the Tech Problem
July 29, 2026

Digital transformation is usually presented as a ladder. Companies begin with a few foundational capabilities, add more sophisticated tools over time and become incrementally more efficient with each step. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Artificial Intelligence
Hospitals Can’t Outsource AI Accountability
July 29, 2026

Watch more: TechReg With Alaap Shah of Epstein Becker Green 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
Banks Bet on Open AI After OpenAI’s Own Hack
July 28, 2026

Two OpenAI models broke out of a controlled cybersecurity test this month and into Hugging Face’s production systems. The models, GPT-5.6 Sol and a more capable pre-release system, were being evaluated internally on ExploitGym, a benchmark built to measure how well artificial intelligence can hack....

IPO
Shein Discloses US FTC Probe Ahead of Hong Kong IPO
July 28, 2026

Shein is cooperating with a U.S. Federal Trade Commission (FTC) investigation into the company’s U.S. business operations, it said in a document related to its planning Hong Kong initial public offering and filed with The Stock Exchange of Hong Kong Limited and the Securities and Futures Commission. Get the Full Story Complete the...

Artificial Intelligence
Over 1,100 AI Insiders Urge US Government to Support Global Guardrails
July 28, 2026

A statement signed by 1,132 employees of frontier artificial intelligence companies called on the U.S. government to support an international effort to “deliberately pace” the frontier of automated AI development. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Artificial Intelligence
The Middle Market CFO’s Guide to Big Tech’s Open-Weight AI Debate
July 28, 2026

The artificial intelligence (AI) industry is dividing itself along one of the software sector’s most fundamental debates: open versus closed source. 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
AI Turns Every Employee Into a Utility Player
July 28, 2026

For decades, the org chart worked like a map of who knew what. Marketing didn’t touch contracts. Customer service didn’t run financial calculations. Those boundaries held because expertise lived in specific people, and getting specialize work done meant calling in the right one. New research...