PYMNTS News

Santander Turns to Nvidia to Build New AI Banking Capabilities

Santander Turns to Nvidia to Build New AI Banking Capabilities
Santander Turns to Nvidia to Build New AI Banking Capabilities
October 19, 2026  |  Banking

Santander has teamed with Nvidia to come up with capabilities for evaluating artificial intelligence models and agents for banking. This work by the Santander AI...

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Nscale Investors Seek Lower IPO Target Amid AI-Related Concerns
Nscale Investors Seek Lower IPO Target Amid AI-Related Concerns
October 18, 2026  |  IPO

Artificial intelligence cloud company Nscale is reportedly facing pushback from investors to its IPO valuation target. Some backers are balking at the company’s initial public...

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Anthropic Takes Its AI Safety Proposals to Capitol Hill
Anthropic Takes Its AI Safety Proposals to Capitol Hill
October 18, 2026  |  Artificial Intelligence

Anthropic has reportedly been pitching U.S. lawmakers on draft artificial intelligence safety legislation. That’s according to a report Friday (Oct. 16) by Politico, which describes...

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DeepSeek Deploys What It Calls Faster Version of Its Open-Source Model
DeepSeek Deploys What It Calls Faster Version of Its Open-Source Model
October 18, 2026  |  Artificial Intelligence

China’s DeepSeek has unveiled what it calls a faster and leaner version of its artificial intelligence model. The company describes the DeepSeek-V4.1-Flash-1017 model, announced Saturday...

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Sam Altman’s World Debuts ID Verification for AI Agents
Sam Altman’s World Debuts ID Verification for AI Agents
October 18, 2026  |  Artificial Intelligence

Sam Altman’s iris-scanning project World is making what it calls its “first industry-specific push.” The company on Sunday (Oct. 18) announced World ID for banking...

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Anthropic Turns to Lawyers to Teach AI Agents to Negotiate
Anthropic Turns to Lawyers to Teach AI Agents to Negotiate
October 18, 2026  |  Artificial Intelligence

Anthropic is reportedly in discussions with legal groups to teach artificial intelligence agents negotiation skills. That’s according to a report Sunday (Oct. 18) by the...

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Regional Banks See Growth in Spite of Economic Gloom
Regional Banks See Growth in Spite of Economic Gloom
October 18, 2026  |  Banking

Several of America’s regional banks posted robust third-quarter earnings last week amid strong commercial loan demand. And as Reuters reported Friday (Oct. 16), these earnings...

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Crypto Hardware Wallets Become New Entry Point for Hackers
Crypto Hardware Wallets Become New Entry Point for Hackers
October 18, 2026  |  Cryptocurrency

Last week, cryptocurrency hardware wallet company Ledger said it was investigating a hack that drained $90 million from its devices. As Bloomberg News reported Sunday...

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