News

Banking
Brazil’s Itaú Wins Preliminary US Charter to Serve Wealthy Clients
August 24, 2026

Brazil-based bank Itaú Unibanco Holdings S.A. has secured preliminary approval from the Office of the Comptroller of the Currency (OCC) to establish a new national bank in the United States called Itaú Bank, National Association, the OCC said in an Aug. 14 corporate decision. Get...

Artificial Intelligence
US-EU Business Investment Gap Expands Thanks to AI
August 24, 2026

U.S. business investment is reportedly on pace to increase three times faster than in Europe. 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
Nvidia Considers Backing Perplexity at $30 Billion Valuation
August 24, 2026

Nvidia is considering taking part in a new funding round for artificial intelligence startup Perplexity, The Information reported Sunday (Aug. 23). 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
Hugging Face Considers $13 Billion Sale of Its AI Platform
August 24, 2026

Hugging Face has reportedly been considering a sale that could value it at $13 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...

Investments
UK FinTech Funding Drops to Lowest Level in Decade
August 24, 2026

U.K. FinTech investments have reached a 10-year low amid an overall jump in funding. 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...

Payments Innovation
FIS Says Purchase Data Will Push Payments Beyond the Transaction
August 24, 2026

Watch more: What’s Next in Payments With Jakob Harrison of FIS 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...

Artificial Intelligence
AI Agents Become the API Economy’s Biggest New Customers
August 24, 2026

Every financial API was built for a human developer, a human analyst, or a human customer. A person queries the endpoint. A person reviews the response. A person decides what to do next. That assumption is no longer reliable. AI agents are now the fastest-growing...

Artificial Intelligence
Private Equity Groups Begin Placing AI Experts in Portfolio Companies
August 23, 2026

Private equity firms have reportedly begun placing artificial intelligence experts within their portfolio companies to grow those businesses. 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...

Artificial Intelligence
OpenAI Exec Tells People to Expect Routine AI-Driven Cyberattacks
August 23, 2026

One of OpenAI’s leading executives says people should prepare themselves for routine artificial intelligence-related cyberattacks. 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,...