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Bank of America and Citi Consider Offering Credit Cards With 10% Interest Rate

Bank of America and Citi Consider Offering Credit Cards With 10% Interest Rate
Bank of America and Citi Consider Offering Credit Cards With 10% Interest Rate
January 22, 2026  |  Credit Cards

Bank of America and Citigroup are reportedly considering offering credit cards with a 10% interest rate in response to President Donald Trump’s demand for a cap on rates. Get...

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Capital One Plans to Acquire Expense Management Platform Brex for $5.15 Billion 
Capital One Plans to Acquire Expense Management Platform Brex for $5.15 Billion 
January 22, 2026  |  Partnerships

Capital One plans to acquire expense management platform Brex for $5.15 billion.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

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President Trump Sues JPMorgan and Jamie Dimon Over Alleged Debanking
President Trump Sues JPMorgan and Jamie Dimon Over Alleged Debanking
January 22, 2026  |  Legal & Regulation

President Donald Trump sued JPMorgan Chase and CEO Jamie Dimon for $5 billion on Thursday (Jan. 22), alleging that the financial institution debanked him and...

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LiveKit Raises $100 Million for Voice AI Developer Platform
LiveKit Raises $100 Million for Voice AI Developer Platform
January 22, 2026  |  Investments

LiveKit raised $100 million in a Series C funding round to accelerate the growth of its developer platform for building voice, video and physical artificial...

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Elon Musk Says Tesla Will Sell Humanoid Robots to Public by Late 2027
Elon Musk Says Tesla Will Sell Humanoid Robots to Public by Late 2027
January 22, 2026  |  Artificial Intelligence

Tesla will be selling humanoid robots to the public by the end of 2027, CEO Elon Musk said Thursday (Jan. 22). Get the Full Story...

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BofA CEO Warns 10% Credit Card Cap Will Curb Spending
BofA CEO Warns 10% Credit Card Cap Will Curb Spending
January 22, 2026  |  Credit Cards

Bank of America’s Brian Moynihan is the latest CEO questioning a proposed 10% credit card interest rate cap. Get the Full Story Complete the form...

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OpenAI CEO Sam Altman Seeks $50B From Middle East Investors
OpenAI CEO Sam Altman Seeks $50B From Middle East Investors
January 22, 2026  |  Artificial Intelligence

OpenAI CEO Sam Altman has reportedly been meeting with investors in the Middle East. Get the Full Story Complete the form to unlock this article...

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Crypto Firm BitGo Raises $213 Million in IPO
Crypto Firm BitGo Raises $213 Million in IPO
January 22, 2026  |  IPO

Crypto custody company BitGo has raised $212.8 million in its initial public offering. Get the Full Story Complete the form to unlock this article and...

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