Federal Regulators Unveil Overhauled Third-Party Risk Guidance to Ease Burdens on Community Banks and Credit Unions

By PYMNTS Published September 11, 2026 Main Facts In a coordinated regulatory push aimed at modernizing oversight and easing compliance pressures, four major U.S. financial regulatory agencies have jointly issued proposed guidance designed to help banks and credit unions better manage the risks associated with third-party relationships. Announced on Friday, September 11, 2026, the initiative…

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Scaling the Enterprise: How FinTech Giants Are Pivoting From Small-Business Roots to Multinational Balance Sheets

The modern financial technology landscape is undergoing a structural realignment. For years, the fastest-growing FinTechs achieved escape velocity by catering to the underserved small-to-medium-sized business (SMB) market, offering sleek alternatives to legacy commercial banking. Today, however, the industry’s vanguard is discovering that true scale, stickiness, and long-term defensibility lie further upmarket. Across the sector, premier…

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Rent the Runway Names Retail Veteran Paige Thomas as CEO as the Platform Streamlines Operations and Reports Strong Q2 Growth

By PYMNTS | September 11, 2026 NEW YORK — Designer apparel rental pioneer Rent the Runway announced a major leadership transition on Friday, September 11, appointing Chief Commercial Officer and retail industry veteran Paige Thomas as its new Chief Executive Officer, President, and member of the Board of Directors. Thomas, whose extensive executive background includes…

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The Tooth Fairy Economy: How Micro-Transactions, Inflation, and Digital Wallets Are Reshaping Childhood’s Oldest Financial Ritual

By PYMNTS September 12, 2026 The Tooth Fairy has officially approved a 17% pay increase—welcome news for any worker whose compensation package relies heavily on loose incisors. There was no performance review, no awkward negotiation with a manager over a remote-work policy, and certainly no mandatory return to the office. The recipient simply went to…

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Redefining Life Insurance: How Ethos Modernized an Antiquated Industry Through Data and Tech

For decades, the ritual of purchasing life insurance was universally dreaded. It was a cumbersome, opaque process defined by towering stacks of paperwork, intrusive paramedic appointments to draw blood, and a grueling multi-week waiting game just to discover whether an application had been approved—and at what financial cost. This immense administrative friction served as the…

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Canadian AI Pioneer Cohere Nears Historic $3 Billion Raise at $20 Billion Valuation

By: PYMNTS Date: September 11, 2026 Artificial intelligence enterprise startup Cohere is reportedly locked in advanced negotiations to secure a massive new funding round ranging between $2 billion and $3 billion. According to reports surfacing Friday (Sept. 11), the transaction would value the prominent AI firm at an impressive $20 billion. If finalized, the agreement…

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Labor Think Tank Calls for Total Ban on Electronic Shelf Labels, Warning of Billions in Lost Wages and Rising Grocery Prices

By PYMNTS September 11, 2026 Main Facts The debate over the automation of the American retail landscape has taken a sharp, contentious turn. The AFL-CIO Tech Institute, a labor-affiliated think tank established in 2021, has officially petitioned lawmakers to implement a total ban on electronic shelf labels (ESLs) across grocery stores nationwide. According to a…

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Capturing the Ghost in the Machine: How Squint’s AI Agents Are Rewriting the Rules of Factory Floor Efficiency

By: PYMNTS Date: September 11, 2026 Main Facts The industrial manufacturing sector stands on the precipice of a silent operational revolution. For decades, the true mechanics of heavy industry relied on a fragile human artifact: the tacit knowledge held exclusively by veteran factory technicians. When an aging workforce retires, decades of institutional troubleshooting capability walks…

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The Rise and Fall of TeamPCP: Inside the Supply Chain Saboteurs Who Humiliated Tech Giants

In a sweeping operation that marks a turning point for global software supply chain security, the Australian Federal Police (AFP) have arrested two men from Western Australia, ending the reign of "TeamPCP." The group, a loosely affiliated but highly effective syndicate of cybercriminals, is responsible for what security analysts describe as the longest-running and most…

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