By PYMNTS Published September 21, 2026 Main Facts Kastle, an emerging leader in agentic artificial intelligence (AI) platforms tailored for consumer lenders and financial institutions, has successfully closed a $24 million Series A funding round. The investment was spearheaded by prominent venture capital and growth equity firm Insight Partners. The freshly secured capital is earmarked…
By Financial Markets and Regulatory Desk September 20, 2026 Main Facts In a landmark regulatory development that bridges traditional banking with cutting-edge financial technology, the Office of the Comptroller of the Currency (OCC) has granted conditional approvals for three new national trust banks. Announced on Friday, September 18, 2026, the decisions mark a decisive regulatory…
By: PYMNTS Date: September 20, 2026 Main Facts The rapid, unchecked deployment of frontier artificial intelligence models has plunged the global financial sector into an unprecedented race to fortify digital perimeters. According to prominent figures in international banking and technology, the release of high-capability AI models has exposed severe vulnerabilities in corporate and institutional infrastructure,…
By PYMNTS Published September 18, 2026 Main Facts In a decisive move that signals a dramatic shift in U.S. financial regulation, the Commodity Futures Trading Commission (CFTC) has officially submitted a landmark proposal to the White House’s Office of Management and Budget (OMB) aimed at establishing a comprehensive regulatory regime for crypto asset transactions and…
Main Facts The American banking landscape is undergoing a profound structural contraction, driven not by a wave of systemic collapses or a sudden surge in bank mergers, but by a near-total drought in new market entrants. Before the financial crisis of 2008, new banks—known in regulatory parlance as de novo institutions—routinely entered the United States…
By PYMNTS | September 18, 2026 Main Facts While many corporate enterprises struggle to quantify the precise return on investment delivered by their artificial intelligence initiatives, online pet products retailer Chewy has bucked the trend with concrete figures. During the company’s second-quarter earnings call, Chief Executive Officer Sumit Singh announced that Chewy expects artificial intelligence…
By PYMNTS September 18, 2026 Main Facts Yahoo Finance has officially ended its high-profile data-sharing partnership with decentralized prediction market platform Polymarket, concluding an arrangement that brought real-time probability data to millions of retail investors and financial analysts. The collaboration, which originally kicked off in late 2025, integrated Polymarket’s crowd-sourced forecasting metrics directly into a…
By PYMNTS | September 18, 2026 In a decisive move to address what he termed a vacuum in national technology policy, California Governor Gavin Newsom signed a sweeping executive order on Friday, September 18, 2026. The directive immediately convenes a panel of national artificial intelligence (AI) experts tasked with designing an aggressive framework to reinforce…
By: PYMNTS Published: September 19, 2026 Main Facts: The Battle for the Holiday Wallet Moves to October Forget carving pumpkins or finalizing your Halloween costume; the retail giants of the United States have officially decided that the holiday shopping season begins long before the leaves even change color. In a synchronized shift that compresses the…
By Global Tech & Markets Desk September 18, 2026 Artificial intelligence powerhouse Anthropic is reportedly setting the stage for a historic stock market debut, targeting a November initial public offering (IPO) that could value the company at an eye-watering $2 trillion. According to reports from The Wall Street Journal and The New York Times citing…
