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PYMNTS Finds 42% of Companies Rely on Layered Defense to Combat Fraud
PYMNTS Finds 42% of Companies Rely on Layered Defense to Combat Fraud
October 12, 2026  |  Fraud Prevention

Forty-two percent of corporate finance departments deploy a stack of three or more artificial intelligence (AI) tools to secure their outgoing payments, according to the...

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Louis Vuitton Trademark Dispute Leads to Sales Slump in China
Louis Vuitton Trademark Dispute Leads to Sales Slump in China
October 12, 2026  |  Retail

Luxury retail company LVMH saw quarterly sales slump following a trademark dispute in China. Organic revenue for the company’s fashion and leather goods unit fell...

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OpenAI’s Video Model Sora Could Get a Second Act
OpenAI’s Video Model Sora Could Get a Second Act
October 12, 2026  |  Artificial Intelligence

OpenAI is reportedly considering a plan to resurrect its video model Sora. The company is in discussions with a startup that is developing artificial intelligence...

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Upgrade Joins New Wave of FinTechs Seeking Bank Charters
Upgrade Joins New Wave of FinTechs Seeking Bank Charters
October 12, 2026  |  Banking

FinTech company Upgrade aims to establish a Nevada-chartered industrial loan bank, saying in a Monday (Oct. 12) press release that this would complement the company’s...

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Google Launches Women’s Health Partnership and New Fitbit
Google Launches Women’s Health Partnership and New Fitbit
October 12, 2026  |  Healthcare

Google has launched a women’s health partnership as it deepens its footprint in the wearable fitness-tracking space. The tech giant on Monday (Oct. 12) announced...

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FedEx Adds Duty and Tax Payments to APAC Import Tool
FedEx Adds Duty and Tax Payments to APAC Import Tool
October 12, 2026  |  Shipping

FedEx customers in nine Asia-Pacific (APAC) markets can now use the FedEx Import Tool to handle document submission, clearance processing, shipment status tracking, and duty...

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Mastercard and WEX Launch APAC-Focused Fleet Management Partnership
Mastercard and WEX Launch APAC-Focused Fleet Management Partnership
October 12, 2026  |  Partnerships

Mastercard and WEX launched a fleet management partnership focused on the Asia-Pacific region, according to a Monday (Oct. 12) press release. The collaboration is designed...

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FIS Wants to Help CFOs Forecast Cash Flow With Agentic AI
FIS Wants to Help CFOs Forecast Cash Flow With Agentic AI
October 12, 2026  |  Back-office

FIS has debuted an agentic artificial intelligence solution to help finance teams manage collections, liquidity, risk and cash flow. FIS Agentic Insights Suite comes with a...

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Citi Readies Audit to Seek End of Federal Oversight and Speed Growth
Citi Readies Audit to Seek End of Federal Oversight and Speed Growth
October 12, 2026  |  Banking

Citi aims to submit an internal audit to banking regulators by the first quarter of 2027, if not earlier, in hopes that the regulators will...

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