Pymnts News news and trends

Consumers Get Choosier About Credit
Consumer Finance // October 07, 2026

Consumer credit is still growing, but consumers eased off the form of borrowing they can adjust most readily from month to month. Federal Reserve data released Wednesday (Oct. 7) show consumer credit expanded at a seasonally adjusted annual rate of 1.9% in August, less than...

Microsoft Turns Windows PCs Into Command Centers for AI Agents
Artificial Intelligence // October 07, 2026

Microsoft announced new software tools and devices that are designed to make personal computers ready for artificial intelligence agents, the company said in a Wednesday (Oct. 7) blog post. The growing use of AI agents has raised the bar for compute, security and control, Pavan...

Pinterest AI Tells Users What to Ask Their Stylist
Social Commerce // October 07, 2026

A saved haircut on Pinterest now comes with a script for the stylist. Pinterest launched Beauty Guides on Tuesday (Oct. 6), PYMNTS reported. The artificial intelligence tool turns hair and nail Pins into step-by-step plans that users can bring to the appointment. Users open a...

Revolut Pays for New Customer IDs After September Data Breach
Cybersecurity // October 07, 2026

Revolut’s CEO for Western Europe, Béatrice Cossa-Dumurgier, said the company will pay the cost of new identity documents for customers impacted by the data breach Revolut disclosed in September, Reuters reported Wednesday (Oct. 7). During an interview with BFM TV, Cossa-Dumurgier said, per the report:...

Interviews & Exclusives
OFAC Warning Shows CFOs Sanctions Risk Can Hide in the Payment Route

October 07, 2026
The next sanctions shock for a multinational may not arrive as the name of a supplier appearing on a government blacklist. It could arrive as a payment that suddenly stops working. In a Monday (Oct. 5) alert, the Treasury Department’s Office of Foreign Assets Control (OFAC) warned foreign financial institutions that those continuing to transact […]

AI Agents Turn Permission Into Payments’ New Control Point

October 07, 2026
Agentic commerce is creating a new transaction type before the payments industry has fully created the rules for accepting it. While payment stacks have become fine-tuned for transaction authorization, agentic...

Careful Consumers Want Control. SoFi Says Banks Should Hand It Over.

October 07, 2026
Watch more: Need to Know With Max Spivakovsky of SoFi  A consumer does not have to stop spending to become more careful about money. Debit spending offers a closer look...

Congress Wants to Unplug the Scam Call Factory

October 07, 2026
A pair of representatives last week unveiled legislation targeting one piece of the increasingly industrialized fraud economy. Reps. Jefferson Shreve of Indiana and Rob Menendez of New Jersey introduced the...

Quick Reads
OFAC Warning Shows CFOs Sanctions Risk Can Hide in the Payment Route

October 07, 2026
The next sanctions shock for a multinational may not arrive as the name of a supplier appearing on a government blacklist. It could arrive as a payment that suddenly stops working. In a Monday (Oct. 5) alert, the Treasury Department’s Office of Foreign Assets Control (OFAC) warned foreign financial institutions that those continuing to transact […]

Microsoft Turns Windows PCs Into Command Centers for AI Agents

October 07, 2026
Microsoft announced new software tools and devices that are designed to make personal computers ready for artificial intelligence agents, the company said in a Wednesday (Oct. 7) blog post. The...

Pinterest AI Tells Users What to Ask Their Stylist

October 07, 2026
A saved haircut on Pinterest now comes with a script for the stylist. Pinterest launched Beauty Guides on Tuesday (Oct. 6), PYMNTS reported. The artificial intelligence tool turns hair and...

Revolut Pays for New Customer IDs After September Data Breach

October 07, 2026
Revolut’s CEO for Western Europe, Béatrice Cossa-Dumurgier, said the company will pay the cost of new identity documents for customers impacted by the data breach Revolut disclosed in September, Reuters...