News

Artificial Intelligence
OpenAI Exec Says Enterprises Seek Help With AI Innovation
May 11, 2026

Enterprises are adopting the latest artificial intelligence (AI) models but often say they have trouble keeping up with the “compounded innovation,” OpenAI Chief Revenue Officer Denise Dresser told CNBC in an interview posted Monday (May 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Retail
Storefront Overhauls Turn Retailers Into Data Hubs
May 11, 2026

As retailers grapple with pressures on discretionary spending and shifting shopping habits, the challenges are mounting to get shoppers through the doors, and then to keep them moving through aisles, engaging digitally and ultimately converting visits into purchases. Get the Full Story Complete the form...

Artificial Intelligence
RingCentral’s AI Stopped Answering Calls and Started Closing Deals
May 11, 2026

RingCentral’s AI Receptionist handles roughly 11,800 businesses across healthcare, financial services, construction, and legal. Until last week, it answered calls. Now it books appointments, processes orders and responds to messages without looping in a human. Get the Full Story Complete the form to unlock this...

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...