PYMNTS News

Raise Cuts Chargebacks 45% and Nearly Ends Manual Fraud Reviews
Raise Cuts Chargebacks 45% and Nearly Ends Manual Fraud Reviews
October 27, 2026  |  Fraud Prevention

Gift card exchange Raise cut its chargeback rate by 45%, from 0.53% to 0.29%, and reduced the share of orders needing manual review from as...

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Block’s Dessa Fixes the Conversation, Not the Checkout
Block’s Dessa Fixes the Conversation, Not the Checkout
October 27, 2026  |  Artificial Intelligence

Voice commerce has faced the same obstacles for a decade, including turning spoken requests into accurate orders, verifying customer identity and completing payments without delays....

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Oracle Integrates Enterprise Data and Applications With OpenAI Frontier AI
Oracle Integrates Enterprise Data and Applications With OpenAI Frontier AI
October 27, 2026  |  Artificial Intelligence

Oracle and OpenAI have partnered to develop a user experience that will bring together Oracle applications, enterprise data and cloud services, and OpenAI frontier models,...

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Gas Price Relief Lifts Consumer Confidence Despite Lingering Inflation Concerns
Gas Price Relief Lifts Consumer Confidence Despite Lingering Inflation Concerns
October 27, 2026  |  Economy

Consumer confidence rose to its highest level since June as the price of gas eased in October, The Conference Board said in a Tuesday (Oct....

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CarParts.com Adds Klarna
CarParts.com Adds Klarna
October 27, 2026  |  Partnerships

CarParts.com has added Klarna’s full suite of payment options to its eCommerce site for automotive parts and accessories, Klarna said in a Tuesday (Oct. 27) press release. Now, at checkout, CarParts.com offers...

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WEX Teams With Euclid to Bring Agentic AI to Trucking
WEX Teams With Euclid to Bring Agentic AI to Trucking
October 27, 2026  |  Partnerships

Payments solutions provider WEX teamed with Euclid AI, a provider of agentic artificial intelligence solutions for the trucking industry, according to a Tuesday (Oct 27)...

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UPS Credits Healthcare Customers For 6.7% Revenue Increase
UPS Credits Healthcare Customers For 6.7% Revenue Increase
October 27, 2026  |  Earnings

UPS is crediting its healthcare and small business customers with an uptick in revenue as it prepares for a surge in holiday eCommerce demand. The...

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Socure Launches Tools to Determine AI Agents’ Trustworthiness
Socure Launches Tools to Determine AI Agents’ Trustworthiness
October 27, 2026  |  Artificial Intelligence

Identity/risk intelligence company Socure has introduced a method for determining whether artificial intelligence (AI) agents are trustworthy. Agent Intelligence, announced Tuesday (Oct. 27), detects AI...

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Commercial Lending Moves Toward Continuous Underwriting
Commercial Lending Moves Toward Continuous Underwriting
October 27, 2026  |  Loans

A commercial borrower’s finances keep changing after a loan is approved, as invoices are collected, inventory is purchased and payroll comes due. Continuous underwriting brings...

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