News

Banking
Earnings Show Banks Chasing Mid-Market With Payments Platforms
August 03, 2026

Payments and treasury technologies have traditionally been positioned by the banks powering them as purely infrastructure. The same way baseball players need a field to play ball, the thinking went, financial services needed the indispensable machinery powering payments that helps clients move money, manage liquidity...

Artificial Intelligence
AI Turns Entertainment Into a Product of One
August 03, 2026

For years, personalization in entertainment meant pointing viewers to the best existing option. 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....

Investments
Horizon3 Secures $250 Million to Lead AI-Versus-AI Cyber Defense
August 03, 2026

Horizon3 raised $250 million in a Series E funding round to continue growing its NodeZero platform that uses artificial intelligence to defend against AI-driven cyberattacks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Artificial Intelligence
Actualyze AI Raises $7 Million for Platform For Governing AI
August 03, 2026

Actualyze AI has raised $7 million for its self-named platform designed for enterprise artificial intelligence (AI) usage. 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...

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...