Artificial Intelligence
Oracle Reports AI Adoption Contributes to 21,000 Job Cuts
June 23, 2026

Oracle reduced its workforce by 21,000, or about 13%, during the year ended May 31. 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,...

Personnel
Candescent Names Jason Edelboim CEO to Drive AI Banking Evolution
June 23, 2026

Candescent has named former iCIMS CEO Jason Edelboim as CEO, succeeding Brendan Tansill, who will step down to pursue other endeavors. 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
SoFi Ventures Into AI Investing With Composer Acquisition
June 23, 2026

Digital financial services app SoFi has introduced an AI-powered investing platform. 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,...

Acquiring
Backbase Acquires Kasisto for Agentic Banking
June 23, 2026

Banking operating system provider Backbase has acquired banking/financial services-focused artificial intelligence (AI) firm Kasisto. 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...

Artificial Intelligence
Zafin’s CEO Wants to Build the Control Tower for Enterprise AI
June 23, 2026

Every enterprise is hard at work building a workforce made of software. Almost none of them know how to manage it. How do you govern, audit, measure and coordinate employees that happen to be artificial intelligence agents? Most companies don’t. The problem is too new....

Payments Innovation
Payment Processors Can’t Win on Uptime Alone Anymore
June 23, 2026

Watch more: What’s Next in Payments With Matthew Pearce of i2c  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...

Consumer Finance
Subprime Revolvers Fall 12 Points as Borrowers Shift How They Pay
June 23, 2026

A notable shift is showing up in the finances of subprime consumers: fewer of them are regularly carrying credit card balances month after month, suggesting a group often seen only through a risk lens is adapting its payment habits in practical ways. Get the Full...

Legal & Regulation
FinTechs Face a Tougher Road on Cross-Border Deals
June 23, 2026

Watch more: How Technology Is Transforming Foreign Investment Reviews 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,...

Cryptocurrency
Study Finds Stablecoins Need a Better Elevator Pitch
June 23, 2026

For much of the past year, stablecoin discussions have centered on Washington. Regulatory frameworks, reserve requirements and oversight have dominated conversations among policymakers and financial institutions alike. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...