News

Artificial Intelligence
Anthropic’s COBOL Bet Shakes Mainframe Economics
February 24, 2026

Most people who deposited a paycheck this week, withdrew cash from an ATM, or filed a government form probably had no idea their transaction ran through COBOL. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Artificial Intelligence
Anthropic Expands Claude to Cover Investment Banking
February 24, 2026

Anthropic’s Claude is moving into the human resources, design and investment banking fields, Bloomberg News reported Tuesday (Feb. 24). 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...

Investments
Basis Raises $100 Million to Build Up AI in Accounting
February 24, 2026

Accounting-focused artificial intelligence (AI) startup Basis has raised $100 million in new 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 Today....

Fintech Investments
PayPal Ventures Helps X-Border Payment Firm Xflow Raise $16 Million
February 24, 2026

India-based cross-border payments company Xflow raised $16.6 million in new 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 Today. By completing...

Fintech Investments
Stripe Reaches $159B Valuation as Global Volume Hits $1.9 Trillion 
February 24, 2026

Stripe was valued at $159 billion in a tender offer designed to provide liquidity to current and former employees, the programmable financial services company said in a Tuesday (Feb. 24) update. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Retail
Luxury Resale Market Tops $59 Billion Driven by Side Hustles
February 24, 2026

The value of the luxury resale space reportedly grew to $59 billion last year. 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...

IPO
RedotPay Seeks IPO for Stablecoin Payments Firm
February 24, 2026

Hong Kong-based stablecoin payments firm RedotPay is reportedly planning to go public. 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
Thomson Reuters CoCounsel Reaches 1 Million Users as Professionals Embrace Agentic AI
February 24, 2026

Thomson Reuters’ professional-grade artificial intelligence technology CoCounsel has been adopted by 1 million professionals across 107 countries, the company said in a Tuesday (Feb. 24) press release emailed to PYMNTS. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Payments Innovation
The Clearing House: Trust Is the Gatekeeper for What’s Next in Payments
February 24, 2026

Watch more: What’s Next in Payments With The Clearing House’s Sal Karakaplan 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...