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0 mentions · last seen 6/5/2026

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Pine Labs swings to profit, plans stablecoin-backed prepaid card infra for global markets

Pine Labs posted Q4 FY26 net profit of ₹59.4 Cr versus ₹28.9 Cr loss YoY, with revenue up 14.7% to ₹700.5 Cr. The merchant payments firm will launch stablecoin-backed prepaid card infrastructure globally, partner with OpenAI on AI products, and guides 21-23.5% growth for FY27.

Inc42 · 5/26/2026, 7:36:22 AM

Half of US shoppers now use AI to shop, but 95% balk at handing it the credit card

PYMNTS Intelligence finds 50%+ of US consumers lean on AI when buying and 44% trust it to pick gifts, yet 95% flag concerns and 1 in 5 have been scammed. Google, Visa, Stripe, Mastercard and Amex are racing to wire fraud safeguards into agentic commerce protocols before trust breaks.

PYMNTS Retail · 5/15/2026, 2:19:29 AM