PYMNTS News

FTC Chairman Urges Healthcare Services Companies to Ensure Price Transparency

FTC Chairman Urges Healthcare Services Companies to Ensure Price Transparency
FTC Chairman Urges Healthcare Services Companies to Ensure Price Transparency
October 05, 2026  |  Healthcare

Healthcare services companies must provide patients with pricing information that is timely, accurate and complete, Federal Trade Commission (FTC) Chairman Andrew N. Ferguson said in...

READ MORE >
Microsoft and Meta Steer Staff From Anthropic Claude to In-House AI
Microsoft and Meta Steer Staff From Anthropic Claude to In-House AI
October 05, 2026  |  Artificial Intelligence

Microsoft and Meta each reduced their internal use of Anthropic’s Claude by encouraging employees to use their company’s own, in-house artificial intelligence tools, The Information...

READ MORE >
Bank of America Says Investors Are Overplaying AI and Underestimating Consumers
Bank of America Says Investors Are Overplaying AI and Underestimating Consumers
October 05, 2026  |  Artificial Intelligence

It may be time for investors to pivot from artificial intelligence-linked capital expenditures to consumer-driven spending, Bank of America strategists wrote in a Monday (Oct....

READ MORE >
Loyalty Programs Make Smaller Rewards Balances Spendable
Loyalty Programs Make Smaller Rewards Balances Spendable
October 05, 2026  |  Loyalty & Rewards

Loyalty points are becoming more liquid as airlines give customers more choices over when and how much of their accumulated rewards to spend. American Airlines...

READ MORE >
OpenAI Linking Visual Ads With ChatGPT Images
OpenAI Linking Visual Ads With ChatGPT Images
October 05, 2026  |  Artificial Intelligence

OpenAI says it is making advertisements within ChatGPT more visual and measurable. The company’s new visual ad format is designed to help users “imagine how products...

READ MORE >
L’Oréal Cuts Customer Service Time 64% With AI
L’Oréal Cuts Customer Service Time 64% With AI
October 05, 2026  |  Artificial Intelligence

A L’Oréal adviser who needed to issue a customer a discount code once clicked through about 15 screens over 10 minutes. Now the adviser types...

READ MORE >
US Companies on Pace to Pay $1.4 Billion in Privacy Settlements
US Companies on Pace to Pay $1.4 Billion in Privacy Settlements
October 05, 2026  |  Legal & Regulation

A law passed in 1968 is apparently driving a new surge in privacy violation settlements. That’s according to new research published Monday (Oct. 5) by privacy platform Privado...

READ MORE >
OpenAI Rolls Out Text Watermarks to Meet EU AI Act Mandates
OpenAI Rolls Out Text Watermarks to Meet EU AI Act Mandates
October 05, 2026  |  Artificial Intelligence

OpenAI has begun a limited rollout of text watermarking and detection technologies, the company said in an article released Monday (Oct. 5). OpenAI built the...

READ MORE >