PYMNTS News

Indian Consumers Embrace Cash Ahead of New Instant Payment Fees

Indian Consumers Embrace Cash Ahead of New Instant Payment Fees
Indian Consumers Embrace Cash Ahead of New Instant Payment Fees
October 18, 2026  |  Real-Time Payments

Indian consumers are reportedly increasing their cash usage ahead of new fees on the country’s popular digital payment system. Beginning next month, the United Payments...

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Musk Says White House Duties Distracted Him From AI
Musk Says White House Duties Distracted Him From AI
October 18, 2026  |  Artificial Intelligence

Elon Musk says his work last year with the White House distracted him from artificial intelligence development at his businesses. “[I] kinda got carried away,...

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Anthropic Co-Founder Predicts AI Will Bring US GDP to $44 Trillion
Anthropic Co-Founder Predicts AI Will Bring US GDP to $44 Trillion
October 18, 2026  |  Artificial Intelligence

Anthropic’s co-founder predicts that artificial intelligence could boost America’s economic output by nearly 50% by 2030. That forecast comes from one of the AI startup’s...

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Luxury Shoppers Put Their Money Where Their Feet Are
Luxury Shoppers Put Their Money Where Their Feet Are
October 17, 2026  |  Retail

A banana-shaped heel is an unusual place to look for evidence of consumer spending discipline. But in luxury retail, financial restraint can apparently come with...

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New York Fed Finds Surging Costs Turn Executive Outlook Negative
New York Fed Finds Surging Costs Turn Executive Outlook Negative
October 16, 2026  |  Economy

Service sector firms in New York State and nearby areas became pessimistic about the business outlook in early October, for the first time since December...

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Acorns Acquires Frich to Scale Financial Education
Acorns Acquires Frich to Scale Financial Education
October 16, 2026  |  Acquiring

Acorns has expanded its financial education community by acquiring Frich, the company said in a Wednesday (Oct. 14) press release. Frich is a community where young Americans learn...

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Marqeta and Coinbase Take Stablecoin Spending Mainstream
Marqeta and Coinbase Take Stablecoin Spending Mainstream
October 16, 2026  |  Blockchain

Marqeta’s enterprise customers can now offer stablecoin-backed cards powered by Coinbase, the companies said in a Friday (Oct. 16) press release. This offering is enabled by a...

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Growing FinTechs Gain Leverage Over Their Banking Partners
Growing FinTechs Gain Leverage Over Their Banking Partners
October 16, 2026  |  Banking

As FinTechs scale, they bring banks more deposits, loans, transactions and fees while gaining more choice over which institutions provide the funding and infrastructure behind...

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