Amazon
Amazon’s AI Business Helps It Top $3 Trillion Market Cap
August 03, 2026

Amazon joined several of its fellow tech giants in the $3 trillion club, Reuters reported Monday (Aug. 3). 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
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...

Credit Cards
Card Networks Push Beyond Payments to Lock In Growth
August 03, 2026

Revenue growth remained healthy across the payments industry this quarter, but earnings calls and P&L statements also shed light on what makes a payment network stronger over time. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cybersecurity
AI Collapses Exploit Window in Crypto Wallet Hack
August 03, 2026

Bitcoin hardware wallets were supposed to protect digital assets without the need for users to trust an exchange, bank or other intermediary. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Acquiring
Visa Buys BioCatch for $2.4B to Detect Scams Before Money Moves
August 03, 2026

Visa is set to acquire Israel-based fraud intelligence company BioCatch for $2.4 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 Today....

Bank Regulation
Fed and FDIC Move to Raise Regulation O Insider Lending Caps
August 03, 2026

The Federal Reserve and the Federal Deposit Insurance Corporation (FDIC) have each proposed raising the thresholds of credit that banks can extend to insiders. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Acquiring
Mastercard Finalizes Purchase of Crypto Infrastructure Platform BVNK
August 03, 2026

Mastercard says it has completed its acquisition of cryptocurrency infrastructure platform BVNK. 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...

Legal & Regulation
California Gives Ex-CFPB Chief Chopra Broad Consumer Enforcement Role
August 03, 2026

California is launching a new cabinet-level agency that state officials say will consolidate consumer protection and business oversight of practices that increase costs for consumers and undermine fair competition. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
Robinhood Gets UK’s Permission to Offer Crypto Services
August 03, 2026

Robinhood received regulatory permission to begin offering cryptocurrency services in the United Kingdom. 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....