PYMNTS News

Revolving Debt Jumps as Spending Strains Credit Cards
Revolving Debt Jumps as Spending Strains Credit Cards
November 06, 2026  |  Economy

The fastest-growing part of consumer credit in September was the kind that lets a household put this week’s groceries on next month’s bill. The Federal...

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BMO Turns to Agentic AI to Resolve Card Issues
BMO Turns to Agentic AI to Resolve Card Issues
November 06, 2026  |  Artificial Intelligence

BMO is employing an artificial intelligence (AI) agent to help clients resolve credit card transaction issues. The bank’s AI Agent Assist, announced Friday (Nov. 6),...

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Sysco Counts on AI Routing and Bidding for $500 Million in Savings
Sysco Counts on AI Routing and Bidding for $500 Million in Savings
November 06, 2026  |  Artificial Intelligence

If you want to learn about enterprise artificial intelligence adoption, look no further than Sysco. The largest food service distributor in the United States delivers...

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Study Finds Most Stablecoins Fail GENIUS Act Requirements
Study Finds Most Stablecoins Fail GENIUS Act Requirements
November 06, 2026  |  Blockchain

New research shows most U.S. dollar stablecoins will not follow the GENIUS Act’s reserve asset requirements. A study from the Bank Policy Institute (BPI) published...

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Samsung’s 82-Million-Device Bet Shows Stablecoin Wars Moving Beyond Crypto
Samsung’s 82-Million-Device Bet Shows Stablecoin Wars Moving Beyond Crypto
November 06, 2026  |  Blockchain

Stablecoins are becoming a distribution business before they have conclusively become a profitable payments business. And if stablecoins are a distribution business, then a new...

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Nubank and Mercado Pago Pause Crypto Operations Following Provider Issues
Nubank and Mercado Pago Pause Crypto Operations Following Provider Issues
November 06, 2026  |  Cryptocurrency

Nubank and Mercado Pago paused some cryptocurrency operations due to issues with third-party providers, Bloomberg reported Friday (Nov. 6). The suspensions by the financial services...

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Rising Home Repair Costs Place More Pressure on US Households 
Rising Home Repair Costs Place More Pressure on US Households 
November 06, 2026  |  Consumer Finance

As energy prices rise, Americans are reportedly finding it harder to repair their homes. The cost of home repairs/renovations climbed steadily last month as fuel...

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Synctera Raises $24.5 Million to Support New BaaS Demand
Synctera Raises $24.5 Million to Support New BaaS Demand
November 06, 2026  |  Startups

Embedded finance and banking-as-a-service (BaaS) company Synctera raised $24.5 million in new funding, according to a Friday (Nov. 6) news release. The financing will support...

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Tech Giants Ration Premium AI as Company Budgets Hold
Tech Giants Ration Premium AI as Company Budgets Hold
November 06, 2026  |  Artificial Intelligence

Big Tech companies are putting limits on how much each employee can spend on artificial intelligence (AI), with Apple being the latest company to do...

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