News

Banking
Revolut Adds Employee Incentives to Fuel Business Banking Push
May 15, 2026

Revolut is offering employees across all departments 1,000 pounds (about $1,330) if they bring businesses to the digital bank as it expands its business banking offerings, Bloomberg reported Friday (May 15), citing a memo sent to staff by Revolut CEO Nik Storonsky. Get the Full...

Artificial Intelligence
OpenAI Taps Plaid to Connect Bank Accounts
May 15, 2026

Pro users of ChatGPT can now connect their financial accounts, see a dashboard of their finances, ask the chatbot questions and receive answers that are grounded in their financial context. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Artificial Intelligence
Andon Labs Handed an AI a Café and Business Boomed
May 15, 2026

Andon Labs signed a café lease in Stockholm, handed it to an artificial intelligence (AI) agent and told it to run it. Two weeks later, the café had earned 44,000 SEK (about $4659), 120 eggs for a kitchen with no stove and impersonated two employees...

Banking
Bunq Accelerates Global Expansion With Mexican Banking License Bid
May 15, 2026

European neobank Bunq filed for a Mexican banking license, saying it aims to serve the growing number of global citizens within, and with ties to, Mexico. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
HSBC Reaffirms $4 Billion Private Credit Bet
May 15, 2026

HSBC responded Friday (May 15) to a media report that it paused a $4 billion investment in its private credit funds, saying it remains committed to that business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Fintech Investments
Gemini Gets $100 Million to Expand Into Prediction Markets
May 15, 2026

Cryptocurrency and prediction markets platform Gemini Space Station received a $100 million strategic investment from Winklevoss Capital Fund, which is owned by Gemini founders Tyler Winklevoss and Cameron Winklevoss. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Why CFOs Are Getting Smart on B2B Card’s Identity Benefits
May 15, 2026

CFOs are asking more of their B2B payments. And for the first time, B2B payments can deliver. Digital innovations like virtual cards and embedded payments have transformed accounts payable (AP) and accounts receivable (AR) from back-office functions into a dynamic cash flow management engine. Get...

Artificial Intelligence
OpenAI Considers Raising More Capital to Meet AI Demand
May 15, 2026

OpenAI may raise more capital, Chief Financial Officer Sarah Friar said Friday (May 15), about six weeks after the company closed a funding round in which it raised $122 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Investments
Hana Bank Buys $672.5 Million Stake in Upbit Owner
May 15, 2026

South Korean bank Hana Bank plans to buy a $672.5 million stake in Dunamu, the operator of the Upbit cryptocurrency exchange, The Wall Street Journal reported Thursday (May 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...