PYMNTS News

OpenAI Unveils Half-Price AI Model to Target Enterprise Automation
OpenAI Unveils Half-Price AI Model to Target Enterprise Automation
October 26, 2026  |  Artificial Intelligence

OpenAI is rolling out GPT-6.1 Terra, a new artificial intelligence (AI) model that costs half as much as two of its other models and is...

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First Internet Bank Bets AI Means More Loans, Not Fewer People
First Internet Bank Bets AI Means More Loans, Not Fewer People
October 26, 2026  |  Banking

First Internet Bank of Indiana has cut compliance review times for Small Business Administration (SBA) loan applicants by 87% using AI agents, according to a...

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Analysts Stand by Meta’s AI Push Despite $95 Billion Equity Plan Scrutiny
Analysts Stand by Meta’s AI Push Despite $95 Billion Equity Plan Scrutiny
October 26, 2026  |  Investments

Three analysts remain bullish on Meta after the company announced plans to raise $95 billion through equity financing, though they raised questions about the company’s growing...

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FTC Lawsuit Alleges Dollar General Routinely Overcharges Shoppers at Register
FTC Lawsuit Alleges Dollar General Routinely Overcharges Shoppers at Register
October 26, 2026  |  Legal & Regulation

The Federal Trade Commission and 20 states sued Dollar General Monday (Oct. 26), alleging that the retailer routinely overcharges customers and has done so for...

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Banks Buy the Same Fraud Tools but Get Different Results
Banks Buy the Same Fraud Tools but Get Different Results
October 26, 2026  |  Fraud Prevention

Regional and community banks and credit unions surveyed by PYMNTS Intelligence now report behavioral analytics and artificial intelligence adoption approaching the levels seen with large...

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OpenAI and Anthropic Want the Junior Banker’s 2 a.m. Shift
OpenAI and Anthropic Want the Junior Banker’s 2 a.m. Shift
October 26, 2026  |  Artificial Intelligence

Wall Street’s next generation of artificial intelligence companies is taking shape around three businesses, including those that own financial data, those that turn it into...

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Citi Raises Savings Rates for Relationship Banking Clients
Citi Raises Savings Rates for Relationship Banking Clients
October 26, 2026  |  Banking

Citi’s new program that offers higher savings rates to reward clients who deepen their relationship with the bank went live Monday (Oct. 26). When announcing...

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Court Orders Fed to Rewrite Debit Card Swipe Fee Rule
Court Orders Fed to Rewrite Debit Card Swipe Fee Rule
October 26, 2026  |  Legal & Regulation

A federal appeals court has upheld a lower court ruling striking down the Federal Reserve’s 21-cent cap on debit card interchange fees. This latest decision...

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Canada’s Draft Stablecoin Rules Uphold Ban on Yield Payments
Canada’s Draft Stablecoin Rules Uphold Ban on Yield Payments
October 26, 2026  |  Cryptocurrency

Canada began a 60-day consultation period on draft stablecoin regulations, CoinDesk reported Monday (Oct. 26). The regulations uphold a ban on yield payments and require...

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