PYMNTS News

OpenAI Racing to Raise $30 Billion Ahead of Anthropic Listing

OpenAI Racing to Raise $30 Billion Ahead of Anthropic Listing
OpenAI Racing to Raise $30 Billion Ahead of Anthropic Listing
October 20, 2026  |  Artificial Intelligence

OpenAI is reportedly rushing to lockdown investors before chief competitor Anthropic goes public next month. That’s according to a report Monday (Oct. 19) by Reuters,...

READ MORE >
Cross River Plans to Buy Accrue to Merge Payments With Loyalty
Cross River Plans to Buy Accrue to Merge Payments With Loyalty
October 20, 2026  |  Acquiring

Cross River Bank plans to add branded wallet, stored value and loyalty rewards technology to its regulated financial infrastructure by acquiring FinTech company Accrue, Cross River said...

READ MORE >
Axya’s $12 Million Bet on Fixing Procurement’s Broken Data
Axya’s $12 Million Bet on Fixing Procurement’s Broken Data
October 20, 2026  |  B2B Payments

Watch more: Digital Shift With Félix Bélisle-Dockrill of Axya A supplier promises to deliver parts on the 18th of the month. The shipment gets pushed...

READ MORE >
Banks’ Growing Fraud Tech Stacks Create an Integration Challenge
Banks’ Growing Fraud Tech Stacks Create an Integration Challenge
October 20, 2026  |  Cybersecurity

Banks have plenty of fraud technology, but getting all of it to work as a cohesive line of defense is becoming a problem. The PYMNTS...

READ MORE >
At 12, Apple Pay Has Yet to Break the Card Habit In-Store
At 12, Apple Pay Has Yet to Break the Card Habit In-Store
October 20, 2026  |  Digital Payments

Your phone can handle the checkout. Your hand may still reach for the same old card. Twelve years after Apple Pay arrived, mobile wallets are...

READ MORE >
21% of Financially Stressed Grocery Shoppers Use Digital Wallets
21% of Financially Stressed Grocery Shoppers Use Digital Wallets
October 20, 2026  |  Consumer Insights

Grocery shoppers under financial pressure are spending more per purchase, giving retailers an opportunity to help households manage bigger bills with more flexible ways to...

READ MORE >
Ramp Seeks National Trust Bank Charter for Digital Asset Custody
Ramp Seeks National Trust Bank Charter for Digital Asset Custody
October 19, 2026  |  Bank Regulation

Finance platform Ramp aims to form a national trust bank that would offer fiduciary investment management and custody of digital assets, the company said in a Monday (Oct. 19) post on...

READ MORE >
AI Agent Cuts Centalion’s Trade Finance Amendment Time 80%
AI Agent Cuts Centalion’s Trade Finance Amendment Time 80%
October 19, 2026  |  Artificial Intelligence

Issuing a bank guarantee at a large commodity trader is still a desk job. A treasury employee checks how much room is left on a...

READ MORE >