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Fresh intelligence
Why Insured Workers Still Skip Healthcare
Employers know exactly what their health plan costs. What they usually don’t know is what it costs them when an employee needs care and doesn’t get it because a credit check got in the way of the bill. That happens more often than most bene
PYMNTS · Published 10/19/2026, 16:00Santander Turns to Nvidia to Build New AI Banking Capabilities
Santander has teamed with Nvidia to come up with capabilities for evaluating artificial intelligence models and agents for banking. This work by the Santander AI lab is designed to help determine which AI model is best suited for a task and
PYMNTS · Published 10/19/2026, 13:00Nscale Investors Seek Lower IPO Target Amid AI-Related Concerns
Artificial intelligence cloud company Nscale is reportedly facing pushback from investors to its IPO valuation target. Some backers are balking at the company’s initial public offering (IPO) goal of around $30 billion, instead suggesting a
PYMNTS · Published 10/19/2026, 10:33Anthropic Takes Its AI Safety Proposals to Capitol Hill
Anthropic has reportedly been pitching U.S. lawmakers on draft artificial intelligence safety legislation. That’s according to a report Friday (Oct. 16) by Politico, which describes the push as a “notable effort” by the AI lab to guide the
PYMNTS · Published 10/19/2026, 09:48DeepSeek Deploys What It Calls Faster Version of Its Open-Source Model
China’s DeepSeek has unveiled what it calls a faster and leaner version of its artificial intelligence model. The company describes the DeepSeek-V4.1-Flash-1017 model, announced Saturday (Oct. 17) as offering “[s]tronger benchmark performan
PYMNTS · Published 10/19/2026, 09:31Sam Altman’s World Debuts ID Verification for AI Agents
Sam Altman’s iris-scanning project World is making what it calls its “first industry-specific push.” The company on Sunday (Oct. 18) announced World ID for banking and finance, designed to help businesses determine whether artificial intell
PYMNTS · Published 10/19/2026, 09:10Anthropic Turns to Lawyers to Teach AI Agents to Negotiate
Anthropic is reportedly in discussions with legal groups to teach artificial intelligence agents negotiation skills. That’s according to a report Sunday (Oct. 18) by the Financial Times (FT) citing two sources familiar with the AI company’s
PYMNTS · Published 10/19/2026, 08:40Regional Banks See Growth in Spite of Economic Gloom
Several of America’s regional banks posted robust third-quarter earnings last week amid strong commercial loan demand. And as Reuters reported Friday (Oct. 16), these earnings add to indications that the U.S. economy is still resilient even
PYMNTS · Published 10/19/2026, 07:42Crypto Hardware Wallets Become New Entry Point for Hackers
Last week, cryptocurrency hardware wallet company Ledger said it was investigating a hack that drained $90 million from its devices. As Bloomberg News reported Sunday (Oct. 18), this reprsents the latest example of a vulnerability in what w
PYMNTS · Published 10/19/2026, 07:15Indian Consumers Embrace Cash Ahead of New Instant Payment Fees
Indian consumers are reportedly increasing their cash usage ahead of new fees on the country’s popular digital payment system. Beginning next month, the United Payments Interface (UPI) system will apply a small fee on all transactions great
PYMNTS · Published 10/19/2026, 06:55Musk Says White House Duties Distracted Him From AI
Elon Musk says his work last year with the White House distracted him from artificial intelligence development at his businesses. “[I] kinda got carried away, basically,” Musk said in an upcoming episode of the new podcast series, “The Buil
PYMNTS · Published 10/19/2026, 06:39Anthropic Co-Founder Predicts AI Will Bring US GDP to $44 Trillion
Anthropic’s co-founder predicts that artificial intelligence could boost America’s economic output by nearly 50% by 2030. That forecast comes from one of the AI startup’s internal models, Jack Clark said Saturday (Oct. 17) at the IMF and Wo
PYMNTS · Published 10/19/2026, 06:22Luxury Shoppers Put Their Money Where Their Feet Are
A banana-shaped heel is an unusual place to look for evidence of consumer spending discipline. But in luxury retail, financial restraint can apparently come with very adventurous footwear. There’s growing interest in eccentric designer shoe
PYMNTS · Published 10/17/2026, 16:00New York Fed Finds Surging Costs Turn Executive Outlook Negative
Service sector firms in New York State and nearby areas became pessimistic about the business outlook in early October, for the first time since December 2025, the Federal Reserve Bank of New York said in its October “Business Leaders Surve
PYMNTS · Published 10/17/2026, 07:39Acorns Acquires Frich to Scale Financial Education
Acorns has expanded its financial education community by acquiring Frich, the company said in a Wednesday (Oct. 14) press release. Frich is a community where young Americans learn about money from each other, while Acorns is a financial wel
PYMNTS · Published 10/17/2026, 06:57Marqeta and Coinbase Take Stablecoin Spending Mainstream
Marqeta’s enterprise customers can now offer stablecoin-backed cards powered by Coinbase, the companies said in a Friday (Oct. 16) press release. This offering is enabled by a new collaboration that integrates Marqeta’s card issuing platfor
PYMNTS · Published 10/17/2026, 06:35Upgrade’s Bank Ambitions Show How FinTech Growth Expands Choices
As FinTechs scale, they bring banks more deposits, loans, transactions and fees while gaining more choice over which institutions provide the funding and infrastructure behind them. Upgrade facilitated more than $53 billion in credit throug
PYMNTS · Published 10/17/2026, 05:39Federal Judge Denies Gemini and CFTC Bid to Erase 2025 Settlement
A federal judge refused to overturn a $5 million settlement that cryptocurrency exchange Gemini reached with the Commodity Futures Trading Commission in January 2025 and has already paid, CoinDesk reported Friday (Oct. 16). The CFTC has sin
PYMNTS · Published 10/17/2026, 04:47Trump Task Force Orders Report on AI Dangers
President Donald Trump’s artificial intelligence (AI) task force, the Super Intelligence Force, will commission a report from the President’s Council of Advisors on Science and Technology to evaluate potential dangers of the technology, Blo
PYMNTS · Published 10/17/2026, 04:15Taco Bell Says AI Helps Workers Live Más, Quit Less
The hardest job at a Taco Bell during the dinner rush is the headset. One worker takes orders from a line of cars, repeats them back over road noise and fields the complaints when a Crunchwrap comes out wrong. At more than 890 Taco Bell dri
PYMNTS · Published 10/17/2026, 04:02Stablecoins Take Aim at Cash Locked in Prefunding
Cross-border payments carry a working capital cost before money reaches the recipient. Payment providers frequently need funds available in advance to make payouts in other markets. For a company operating across currencies and time zones,
PYMNTS · Published 10/17/2026, 03:16Regions Bank Says AI Cybersecurity Drives Up Costs 1.5% to 3.5%
Regions Financial Corp., parent company of Regions Bank, expects the cost of cybersecurity to increase its adjusted noninterest expense by between 1.5% and 3.5% for full-year 2026, Chief Financial Officer Anil Chadha said Friday (Oct. 16) d
PYMNTS · Published 10/17/2026, 02:48FTC Subpoenas AI Companies Over Security Breaches Amid Shifting White House Policy
The Federal Trade Commission (FTC) on Wednesday (Oct. 14) sent civil subpoenas to OpenAI and Anthropic seeking documents related to a series of recent safety and security incidents in which the companies’ artificial intelligence (AI) agents
PYMNTS · Published 10/17/2026, 01:44