News

View the latest news and breaking news today for Payments, Commerce, Retail, Mobile Order, and Technology at PYMNTS.com

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Apple Acquires AI Firm Ascend.io Talent and Patents
Apple Acquires AI Firm Ascend.io Talent and Patents
October 30, 2026  |  Artificial Intelligence

Apple acquired artificial intelligence firm Ascension Labs, which does business as Ascend.io, in June, according to a list of acquisitions maintained by the European Commission....

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Why AI Investors Are Buying ADT, Accountants and Call Centers
Why AI Investors Are Buying ADT, Accountants and Call Centers
October 30, 2026  |  Artificial Intelligence

Artificial intelligence investors are no longer only backing software for accountants, property managers and call centers. A growing number are buying the businesses themselves. The...

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Galaxy Digital Seeks Bank Charter to Expand Financial Services Reach
Galaxy Digital Seeks Bank Charter to Expand Financial Services Reach
October 30, 2026  |  Banking

Digital assets and data infrastructure company Galaxy Digital aims to create a national trust bank that would provide fiduciary investment advisory services along with Galaxy’s...

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Global Payments Gets $40B Buyout Bid
Global Payments Gets $40B Buyout Bid
October 30, 2026  |  Acquiring

Private investment firm CD&R and private equity group GTCR have teamed up on a joint bid to buy out card processor Global Payments, the Financial...

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Amazon Wants to Fill the Prescription ChatGPT Can’t
Amazon Wants to Fill the Prescription ChatGPT Can’t
October 30, 2026  |  Artificial Intelligence

Amazon is turning the app people open to reorder paper towels into the place they handle a sore throat, a refill and a weight loss...

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The RealReal Competes for the Decisions Behind Luxury Purchases
The RealReal Competes for the Decisions Behind Luxury Purchases
October 30, 2026  |  Earnings

Luxury resale platform The RealReal reported record quarterly GMV, revenue and orders for the third quarter, prompting it to raise its full-year outlook, according to...

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Florida Takes Unlikely Lead Role in State Push to Regulate AI
Florida Takes Unlikely Lead Role in State Push to Regulate AI
October 30, 2026  |  Artificial Intelligence

Florida is emerging as an aggressive regulator of artificial intelligence (AI) and major technology platforms, using litigation, child protection requirements and proposed safeguards to challenge...

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Deutsche Bank Warns AI Stock Selloff Threatens Dollar Safe-Haven Status
Deutsche Bank Warns AI Stock Selloff Threatens Dollar Safe-Haven Status
October 30, 2026  |  Economy

The current artificial intelligence (AI)-driven market correction could impact the dollar’s status as a haven asset, Deutsche Bank’s global head of FX strategy, George Saravelos, said...

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New York Bill Would Raise AI Safety Regulations
New York Bill Would Raise AI Safety Regulations
October 30, 2026  |  Artificial Intelligence

One year after passing the landmark RAISE Act, a pair of New York lawmakers want the state to double down. State Sen. Andrew Gounardes of...

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