PYMNTS News

Federal Judge Denies Gemini and CFTC Bid to Erase 2025 Settlement

Federal Judge Denies Gemini and CFTC Bid to Erase 2025 Settlement
Federal Judge Denies Gemini and CFTC Bid to Erase 2025 Settlement
October 16, 2026  |  Cryptocurrency

A federal judge refused to overturn a $5 million settlement that cryptocurrency exchange Gemini reached with the Commodity Futures Trading Commission in January 2025 and...

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Trump Task Force Orders Report on AI Dangers
Trump Task Force Orders Report on AI Dangers
October 16, 2026  |  Artificial Intelligence

President Donald Trump’s artificial intelligence (AI) task force, the Super Intelligence Force, will commission a report from the President’s Council of Advisors on Science and Technology to...

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Taco Bell Says AI Helps Workers Live Más, Quit Less
Taco Bell Says AI Helps Workers Live Más, Quit Less
October 16, 2026  |  Artificial Intelligence

The hardest job at a Taco Bell during the dinner rush is the headset. One worker takes orders from a line of cars, repeats them...

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Stablecoins Take Aim at Cash Locked in Prefunding
Stablecoins Take Aim at Cash Locked in Prefunding
October 16, 2026  |  Cryptocurrency

Cross-border payments carry a working capital cost before money reaches the recipient. Payment providers frequently need funds available in advance to make payouts in other...

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Regions Bank Says AI Cybersecurity Drives Up Costs 1.5% to 3.5%
Regions Bank Says AI Cybersecurity Drives Up Costs 1.5% to 3.5%
October 16, 2026  |  Earnings

Regions Financial Corp., parent company of Regions Bank, expects the cost of cybersecurity to increase its adjusted noninterest expense by between 1.5% and 3.5% for full-year...

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FTC Subpoenas AI Companies Over Security Breaches
FTC Subpoenas AI Companies Over Security Breaches
October 16, 2026  |  Legal & Regulation

The Federal Trade Commission (FTC) on Wednesday (Oct. 14) sent civil subpoenas to OpenAI and Anthropic seeking documents related to a series of recent safety...

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Apple, Meta Team Up to Put Big AI on Desktops 
Apple, Meta Team Up to Put Big AI on Desktops 
October 16, 2026  |  Artificial Intelligence

A Meta and Apple partnership wasn’t on anyone’s 2026 bingo card. On Thursday (Oct. 15), the two companies, who spent most of a decade fighting...

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Equifax Equips Lenders With Mastercard Open Finance Insights
Equifax Equips Lenders With Mastercard Open Finance Insights
October 16, 2026  |  Consumer Finance

Equifax now offers consumer-permissioned financial insights enabled via Mastercard Open Finance alongside the Equifax consumer credit file, the company said in a Friday (Oct. 16)...

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