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Thousands of European banking sector workers could face AI-related job losses by 2030.
Artificial intelligence (AI) and branch closures will drive this trend over the next five years and lead to a 10% workforce reduction across the industry, the Financial Times (FT) reported Wednesday (Dec. 31), citing a forecast from Morgan Stanley.
The report adds that the cuts are happening as banks...
American regulators collected 61% less in money laundering/sanction breach fines in 2025.
That’s according to a report Wednesday (Dec. 31) by the Financial Times (FT), which ties this decline to a more lenient approach to financial regulation under the Trump administration.
Total fines levied against companies for what the FT calls “dirty money” offenses came to a little less than $1.7...
Interest in prediction markets has reportedly fueled an increase in FinTech venture funding.
Financial technology companies worldwide raised $55.94 billion from venture groups during 2025, Bloomberg News reported Wednesday (Dec. 31), citing PitchBook data. That’s up 25% from the $44.75 billion the sector earned in 2024.
Prediction markets Kalshi and Polymarket made up $3.71 billion of...
If you work in banking, payments, FinTech or the digital economy, you’ve felt it all year: The back office is no longer backstage. Payments, identity, onboarding and fraud were once dismissed as “plumbing.” Now they’re the user experience, the margin story and the brand promise, all at once.
That’s why PYMNTS spent 2025 doing what we do more actively than anyone in the space: putting...
For much of the past decade, “living paycheck to paycheck” has functioned as shorthand for low wages. PYMNTS Intelligence’s research this year suggests something more complicated: a broadening spectrum of financial fragility that increasingly reaches into the middle—and, at times, higher-income—tiers.
Across the monthly 2025 installments of New Reality Check: The Paycheck-to-Paycheck...
Picture the last time a payment “worked.” You probably don’t remember it. That’s the point: the best transactions vanish into the background.
Now picture the last time a payment didn’t work. You remember that one. Because failure is rarely invisible when money is involved.
In 2025, that contrast powered the most candid conversations in PYMNTS’ “What’s Next in Payments” series. Month...
For credit unions, the Gen Z challenge is no longer about digital access but about relevance in moments that shape financial confidence.
That theme runs through “Digital-First Retention Playbook: Winning Gen Z Loyalty at Credit Unions,” the October 2025 edition of the PYMNTS Intelligence Credit Union Tracker Series, produced in collaboration with Velera. The report examines why Gen Z...
Starbucks reportedly plans to open new stores and remodel existing ones in 2026 after closing 400 locations across the United States in September.
In a Tuesday (Dec. 30) CNN report about the coffeehouse chain’s plans in the wake of those closures, a Starbucks spokesperson told the media outlet that the new and remodeled stores will feature “refreshed designs and elevated experiences...
A judge ruled Tuesday (Dec. 30) that the Trump administration must continue funding the Consumer Financial Protection Bureau (CFPB) until an appeals court hearing that is scheduled for February.
The CFPB was set to run out of funds within the next month, Politico reported Tuesday.
Russ Vought, who is the director of the Office of Management and Budget (OMB) and acting director of the...
Price.com launched “Buy with AI,” a feature that allows an artificial intelligence (AI) agent to search for products, apply discounts and complete purchases across the open internet without requiring consumers to visit merchant websites.
Instead of retailers and marketplaces controlling discovery and checkout through branded storefronts, AI agents are beginning to sit between buyers...