Investments
Cognition Raises $1 Billion to Expand AI-Powered Software Engineer
May 27, 2026

Artificial intelligence (AI) startup Cognition said it is now a $26 billion company. 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....

Artificial Intelligence
AI Pricing Isn’t the Enemy Consumers Think It Is
May 27, 2026

Regulators, retailers and consumer watchdogs have raised alarms over artificial intelligence-powered pricing systems, warning that the algorithms work against buyers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Economy
NY Fed Links Crashing Consumer Sentiment to K-Shaped Economy
May 27, 2026

Lower-income Americans are facing high levels of economic insecurity and financial strain, according to the Federal Reserve Bank of New York. 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
OpenAI Pledges $250 Million to Help AI-Disrupted Workers
May 27, 2026

OpenAI’s non-profit arm is committing at least $250 million to help workers disrupted by AI. 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,...

Fraud Prevention
Fiserv-Experian Pact Aims to Help Merchants Combat Fraud
May 27, 2026

Experian has teamed with Fiserv to help merchants stem the tide of artificial intelligence (AI)-powered fraud. 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...

Banking
FDIC Says Market Volatility Drove Large Banks’ Q1 Earnings Growth
May 27, 2026

FDIC-insured commercial banks and savings institutions reported that their aggregate net income increased 3.6% in the first quarter compared to the previous quarter and reached $80.5 billion, the Federal Deposit Insurance Corporation (FDIC) said Wednesday (May 27). Get the Full Story Complete the form to unlock this...

Partnerships
Circle and Nium Launch Stablecoin Settlement Partnership
May 27, 2026

Nium and Circle have teamed to link stablecoin settlement with global payout infrastructure. 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...

Digital Identity
Polymarket Debuts New ID Verification Measures for Customers
May 27, 2026

Polymarket has reportedly begun implementing new identity verification measures and more stringent access controls. 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...

Blockchain
BIS Marks Successful Test of Cross-Border Blockchain Payments Project
May 27, 2026

The Bank for International Settlements (BIS) and its partners have marked a new milestone in their “Project Agorá.” 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...