PYMNTS News

Credit Card Delinquencies Edge Up to 2.5% Across Top Banks

Credit Card Delinquencies Edge Up to 2.5% Across Top Banks
Credit Card Delinquencies Edge Up to 2.5% Across Top Banks
August 18, 2026  |  Credit Cards

The average credit card delinquency rate ticked up from 2.48% in June to 2.50% in July, Seeking Alpha reported Tuesday (Aug. 18), based on the...

READ MORE >
SEC Proposes Rules to Streamline Capital Formation for Digital Asset Entrepreneurs
SEC Proposes Rules to Streamline Capital Formation for Digital Asset Entrepreneurs
August 18, 2026  |  Cryptocurrency

The Securities and Exchange Commission (SEC) proposed new rules that it said in a Tuesday (Aug. 18) press release would create a clear framework for...

READ MORE >
Anthropic Beats OpenAI in Revenue for First Time
Anthropic Beats OpenAI in Revenue for First Time
August 18, 2026  |  Artificial Intelligence

Anthropic’s sales topped those of OpenAI for the first time in the second quarter, The Wall Street Journal reported Tuesday (Aug. 18), citing figures obtained...

READ MORE >
PointsKash Secures Capital Commitment After Beginning Rollout of Crypto ATMs
PointsKash Secures Capital Commitment After Beginning Rollout of Crypto ATMs
August 18, 2026  |  Investments

FinTech PointsKash has secured a strategic capital commitment of up to $100 million from Hawk Capital Advisors to support the national rollout of its FinTech, payments,...

READ MORE >
Brands Are Losing Shelf Space to AI Algorithms
Brands Are Losing Shelf Space to AI Algorithms
August 18, 2026  |  Retail

Tesco has spent three decades learning what more than 24 million U.K. households buy through its Clubcard loyalty program. Now the grocer is testing what...

READ MORE >
TikTok App Code Suggests Exploration of Peer-to-Peer Payment Feature
TikTok App Code Suggests Exploration of Peer-to-Peer Payment Feature
August 18, 2026  |  Digital Payments

TikTok is exploring a feature that would enable peer-to-peer payments between users via direct messages, Bloomberg reported Tuesday (Aug. 18). Get the Full Story Complete the form to...

READ MORE >
FBI Plans $88M AI Infrastructure Investment
FBI Plans $88M AI Infrastructure Investment
August 18, 2026  |  Artificial Intelligence

The FBI plans to spend as much as $88 million on artificial infrastructure to expand its AI capacity, Fedscoop reported Tuesday (Aug. 18), citing procurement...

READ MORE >
Currency Just Became Treasury’s Newest Superpower
Currency Just Became Treasury’s Newest Superpower
August 18, 2026  |  Cross-border Payments

A global business shouldn’t have to choose between local checkout for its customers and manageable treasury for its chief financial officer. Get the Full Story...

READ MORE >