PYMNTS News

85% of Financial Firms Plan AI Budget Increases

85% of Financial Firms Plan AI Budget Increases
85% of Financial Firms Plan AI Budget Increases
July 09, 2026  |  Artificial Intelligence

Enterprise artificial intelligence (AI) is no longer just a technology project. It is becoming a line item with momentum. Get the Full Story Complete the...

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BNPL Boosts Basket Size When Shoppers See It Early
BNPL Boosts Basket Size When Shoppers See It Early
July 09, 2026  |  BNPL

Buy now, pay later has moved well beyond its original role as an alternative payment method at checkout. It is shaping how retailers present products,...

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Top of Wallet, Top of Mind: How Credit Unions Grow Deposits Through Conversion
Top of Wallet, Top of Mind: How Credit Unions Grow Deposits Through Conversion
July 09, 2026  |  Credit Unions

If you run a credit union, you’ve already won the hard part. Sixty-one percent of your members consider you their primary financial institution, and 87%...

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Nium Acquires Cypher to Bridge Fiat and Crypto
Nium Acquires Cypher to Bridge Fiat and Crypto
July 08, 2026  |  Cryptocurrency

Nium has acquired Cypher to further develop Nium as the core infrastructure layer for compliant money movement and value exchange that bridges fiat and digital...

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Crypto Advocates Push Senate to Pass CLARITY Act Before August Deadline
Crypto Advocates Push Senate to Pass CLARITY Act Before August Deadline
July 08, 2026  |  Cryptocurrency

CLARITY Act advocates continue to press for the bill’s passage as an Aug. 7 deadline approaches. Get the Full Story Complete the form to unlock...

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Target Trims Corporate Strategy Team as CEO Pushes Retail Transformation
Target Trims Corporate Strategy Team as CEO Pushes Retail Transformation
July 08, 2026  |  Personnel

Target is reorganizing its strategy team, a group that helps the company set priorities, Bloomberg reported Wednesday (July 8). Get the Full Story Complete the...

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Is Revolving Credit Cooling or Simply Catching Its Breath?
Is Revolving Credit Cooling or Simply Catching Its Breath?
July 08, 2026  |  Economy

Consumer credit rarely moves in a straight line, and May’s Federal Reserve data offered a reminder that one month’s pause can support more than one...

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Meta’s AI Image Model Puts Instagram to Work
Meta’s AI Image Model Puts Instagram to Work
July 08, 2026  |  Artificial Intelligence

Meta launched Muse Image, the first artificial intelligence image model from Meta Superintelligence Labs. The feature drew immediate pushback because anyone can generate an image...

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