News

Goldman Benches Its Vibe Coders While BNY Lets Everyone Build

November 03, 2026
banks AI Claude Coding
Truist Debuts Enhancements For Merchant Services Solutions
B2B Payments // November 03, 2026

Truist has announced several new enhancements to its merchant services offerings. These enhancements cover how “businesses select solutions, onboard, access insights, manage payments and serve customers across multiple channels,” the bank said in a news release Tuesday (Nov. 3). “The investment reflects clients’ increasing need...

Revolve Reports Breach of Fashion Retail Platform
Cybersecurity // November 03, 2026

Online fashion retailer Revolve is the latest company to suffer a data breach, Security Week reported Monday (Nov. 2). Revolve notified at least 200,000 people that their personal and payment card information was stolen in the September breach, the report said. Immediately after learning of...

Workday Simplifies Employee Access to Chime for Direct Deposit
Partnerships // November 03, 2026

Employees of firms that use Workday’s human resources, finance and IT platform can now select Chime within Workday for direct deposit, without manually entering their account details, Chime said in a Tuesday (Nov. 3) press release. Employees who select Chime for direct deposit will also...

Hotels Cash In on Business Travel as Airlines Struggle
Travel Payments // November 03, 2026

Corporate travel’s comeback is showing up strong across quarterly earnings. But the bottom-line wins aren’t showing up in the travel and entertainment sector’s traditional heavyweight categories. While airlines continue to contend with fuel costs, operating expenses and pricing pressures, hotels and conference venues are benefiting...

Interviews & Exclusives
AI Agents Could Control 5% of Cross-Border Payments. Who Controls Them?

November 03, 2026
Watch more: Need to Know With Mural’s Sinclair Toffa As stablecoins, real-time payment networks and artificial intelligence converge, financial infrastructure providers are confronting the fact that competitive questions are now becoming architectural ones. But building a system in which software can initiate transactions across borders, currencies and banking networks, without compromising the controls that make […]

MIT Researchers Say Privacy Rules Will Shape AI Competition

November 03, 2026
Watch more: TechReg With Catherine Tucker and Rozhina Ghanavi of MIT Sloan An artificial intelligence agent researching a medical condition can learn something about an entire family from a conversation...

Economic Optimism Gains 3.8 Percentage Points as Shoppers Stay Selective

November 03, 2026
More Americans see better economic days ahead, giving merchants an opening to win purchases that cautious households have put off. That’s one encouraging finding in “Keeping Up Gets Harder: Debt...

Connecting AI Visits to Sales Could Sharpen Retail Investment

November 03, 2026
A retailer’s next artificial intelligence investment could depend on what happens after a shopper arrives. The PYMNTS Intelligence report “The Agent Advantage: How Merchants Plan to Win AI Shopping” found...

Quick Reads
Truist Debuts Enhancements For Merchant Services Solutions

November 03, 2026
Truist has announced several new enhancements to its merchant services offerings. These enhancements cover how “businesses select solutions, onboard, access insights, manage payments and serve customers across multiple channels,” the bank said in a news release Tuesday (Nov. 3). “The investment reflects clients’ increasing need for merchant services to bring together payments, software, data and […]

Revolve Reports Breach of Fashion Retail Platform

November 03, 2026
Online fashion retailer Revolve is the latest company to suffer a data breach, Security Week reported Monday (Nov. 2). Revolve notified at least 200,000 people that their personal and payment...

Workday Simplifies Employee Access to Chime for Direct Deposit

November 03, 2026
Employees of firms that use Workday’s human resources, finance and IT platform can now select Chime within Workday for direct deposit, without manually entering their account details, Chime said in...

J.P. Morgan Payments Debuts Tool to Streamline Cash Application

November 03, 2026
J.P. Morgan Payments launched Receivables Matching, a tool designed to help clients streamline cash applications, according to a Monday (Nov. 2) press release. “Cash application has historically been a necessary...