News

Artificial Intelligence
OpenAI Offers ChatGPT Go to Revolut Retail Customers
August 03, 2026

U.K.-based FinTech Revolut has teamed with OpenAI to offer ChatGPT Go to its retail customers. 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...

Investments
Index Ventures Makes $3.5 Billion Bet on AI Boom
August 03, 2026

Venture capital group Index Ventures has raised $2 billion, giving it $3.5 billion in total capital. 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...

Artificial Intelligence
Plaid Gives Sierra’s AI Agents Live Access to Bank Accounts
August 03, 2026

A customer asks an artificial intelligence agent for help refinancing a loan. The agent walks through the options, then stalls the moment it needs real financial data. Sierra and Plaid built an integration to close that gap: Sierra’s AI agents can now request permission to...

Artificial Intelligence
White House to Present AI Oversight Framework to Tech Giants Tuesday
August 03, 2026

The White House has invited representatives from Anthropic, Google, OpenAI and other major tech companies to a Tuesday (Aug. 4) meeting to review an artificial intelligence oversight framework, The Information reported Monday (Aug. 3). Get the Full Story Complete the form to unlock this article...

Artificial Intelligence
EU AI Act Transparency Rules Put Financial Institutions on Compliance Front Line
August 03, 2026

The European Union’s landmark AI Act entered a new phase on Sunday (Aug. 2) as the regulation’s transparency provisions became enforceable. With that step, the compliance burden shifts from artificial intelligence (AI) developers alone to banks, insurers, payments companies and other financial institutions deploying customer-facing...

Acquiring
Visa Buys BioCatch for $2.4B to Detect Scams Before Money Moves
August 03, 2026

Visa is set to acquire Israel-based fraud intelligence company BioCatch for $2.4 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 newsletter, PYMNTS Today....

Acquiring
Mastercard Finalizes Purchase of Crypto Infrastructure Platform BVNK
August 03, 2026

Mastercard says it has completed its acquisition of cryptocurrency infrastructure platform BVNK. 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...

Artificial Intelligence
Gradium CEO Says Voice AI Must Understand, Not Just Transcribe the Words
August 03, 2026

Watch more: Monday Conversation With Gradium’s Neil Zeghidour 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, you...

Artificial Intelligence
Nine Out of Ten Firms Struggle to Manage Bot Traffic
August 03, 2026

Bots have become the new majority on the internet, forcing companies to rethink how they tell a trusted customer from an automated threat. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...