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Revolut’s international expansion plans could reportedly take the FinTech to Turkey.
The company is in discussions to acquire Turkish digital bank FUPS, Bloomberg reported Wednesday (Jan. 7), citing unnamed sources.
No decisions have been made, and there is no guarantee Revolut will buy FUPS, according to the report, which described FUPS as a “little-known” bank offering FinTech...
Amsterdam-based neobank bunq has formally launched its campaign for an American banking license.
The company announced Wednesday (Jan. 7) that it had filed for a de novo banking license with the Office of the Comptroller of the Currency (OCC) as it targets “digital nomads,” or customers who live and work between the U.S. and Europe.
“Our users are building their lives across borders,...
Two words typically define and rule the enterprise treasury management space: discipline and predictability.
Cash flows are forecasted, liabilities are denominated in stable currencies, and transparency is something produced quarterly, often through intermediaries.
But what about for the treasury teams and finance functions of cryptocurrency-native organizations? In the world of public...
Artificial intelligence-powered tools and commerce platforms are expanding the reach of small retailers, pulling niche, mission-driven products into the mainstream without requiring massive headcount or capital.
That shift is playing out at Hugimals World, a direct-to-consumer brand built around weighted plush products designed to provide comfort and emotional support. In an interview...
For years, fraud prevention lived in the shadows of digital commerce. It was essential, yes, but also costly and largely invisible.
Merchants typically treated it as a tax on growth, something to be minimized rather than mastered. Risk decisions were outsourced to payment processors and banks, accepted as black-box outcomes that merchants absorbed with little recourse. When...
The entrenched volatility of the United States’ ever-shifting tariffs strategy has become part of the structure of the nation’s economy, with major implications for consumer spending. So have ambiguity and unpredictability. Will certain levies increase further? Decrease? Be delayed? Scrapped altogether? What new tariffs might unfold?
The sure bet that uncertainty is now feature, not a...
Credit unions face a retention challenge that has less to do with age than with architecture.
That is the central takeaway from “Digital-First Retention Playbook: Winning Gen Z Loyalty at Credit Unions,” a PYMNTS Intelligence report produced in collaboration with Velera.
While the report focuses on younger members, its findings point to a broader shift underway in financial services....
Artificial intelligence (AI) has quietly become one of the most widely used entry points into the healthcare system. According to OpenAI’s January 2026 report, “AI as a Healthcare Ally,” more than 40 million people worldwide use ChatGPT every day for health-related questions, a scale that places AI alongside primary care, urgent care and telehealth as a first stop for medical information...
California State Sen. Steve Padilla (D-San Diego) introduced a bill Monday (Jan. 5) that would prohibit the manufacture and sale of toys that include an artificial intelligence-powered chatbot.
This prohibition would apply to toys designed for children, and it would last until Jan. 1, 2031, according to the legislative counsel’s digest of the bill (Senate Bill 867).
Padilla said in a...
xAI raised $20 billion in a Series E funding round to accelerate its progress in building advanced artificial intelligence (AI).
This result exceeded the $15 billion the company targeted in the round, it said in a Tuesday (Jan. 6) press release.
“This financing will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI...