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PYMNTS.com

Crypto Payments Are Back. Will Merchants Actually Care This Time? B2B’s New Battlefield Is Everything Before the Button Amazon Targets the GLP-1 Gap Big Pharma Left Open LendingClub Signals Expanded Capabilities With Happen Bank Rebrand Congress Moves to Give FinTechs Direct Fed Payment Access Microsoft Tests Mythos to Identify and Mitigate Vulnerabilities United Airlines Hikes Fares as Fuel Costs Surge OpenAI Images 2.0 Is a Real Leap With a Real Price Tag Morgan Stanley Says Gaming Could Score $22 Billion With AI FTC Shuts Down Alleged Healthcare Fraud Scheme Sam’s Club Offers eCommerce Shoppers Hour-or-Less Deliveries FinTechs Cut Staff as AI and Margins Redefine Growth JPMorganChase Extends Critical Industries Investment Program to Continental Europe OpenAI Lands $75 Million Investment From Robinhood Ventures House Bill Would Reduce Small Lenders’ Reporting Requirements Coinbase Lists tGBP to Expand Locally-Denominated Stablecoin Access BNY Names New Head for Payments/Trade Client Platform KnowBe4 Automates Global Cash Flow Via Flywire Partnership Treasury Calls for Programmable Financial Enforcement Across Crypto DeepSeek Seeks $20 Billion Valuation as Tech Giants Weigh Investment Google Accelerates Agentic AI Shift With New Enterprise Platform OpenAI Begins Briefing Governments on Cybersecurity Capabilities DeFi Security Suffers New Blow With $3 Million Volo Exploit Uninvited Users Access Anthropic’s Mythos AI Model Block and Uber Expand Partnership Across Several Global Markets OpenAI Pledges $1.5 Billion to PE Enterprise AI Project Podcast: Inside the $9 Billion DeFi Hack That’s Shaking Crypto’s Foundations Synchrony CFO Flags Momentum in Spending and Credit Banks Risk Slowing the Emerging Middle Market Firms Driving Growth Paysafe Expands Digital Wallet Availability Across 18 European Markets Bad Data Can Break Good AI in Payments 50% More Digital Shopping Days Put Parents at the Center of Retail’s Shift 65% Call Insurance Essential. Why Most Spending Isn’t So Clear-Cut Amazon Recasts Marketplace Fraud as a Broader Trust Problem Capital One’s Q1 Shifts Attention From Spending to Strategy Lawmakers Question JetBlue About Surveillance Pricing Allegations Payments Modernization Is Insurance’s Next Big Margin Engine How Visa Is Rewiring Bank Infrastructure for the AI Era Instant Payments Grow but the Real Barrier Is Human The Old-School Card Product Banks May Need Most 43% of SMBs Would Pay to Make Purchases in Installments The Real AI Edge in Payments Comes From Better Judgment In the Age of Agentic AI, Data Control Is Power Verizon’s Dan Schulman Tells CEOs to Be Open About AI Job Cuts Walmart Eyes Stores as Warehouse Space for Same-Day Delivery France’s CB Payments Network Aims to Take on Visa/Mastercard in EU QVC Was TikTok Shop Before TikTok Shop Loop Raises $95 Million to Bridge Supply Chain Data Gap Cursor Eyes $50 Billion Valuation as AI Coding Demand Surges Commercial Lending Rescues Regional Banks From Consumer Slowdown Anthropic and White House Aim to Make Peace in Friday Meeting Home Depot Buys SIMPL Automation to Support Same-Day Delivery The Riskiest Words in B2B: This Is How We’ve Always Done It France Urges Euro Stablecoins to Break Dollar Dependency Importers Prep for Monday Opening of Tariff Refund Portal Permitting Hurdles and Labor Shortages Threaten AI Data Center Timelines Token Freezes Force CFOs to Rethink Stablecoin Risk X Money Tests Whether Social Commerce Can Hold Consumer Deposits Anthropic Briefs EU Regulators on Mythos Cybersecurity Concerns Welcome to Vibe Ordering, ChatGPT Is Taking Your Order Now Nvidia Says AI Can Finally Make Quantum Computing Work QVC Files Chapter 11 to Slash Debt and Pursue Growth Uber Eats Lets Customers Return Their Retail Purchases Financial Officials Sound Alarm About Anthropic’s Banking Risk 71% of Billion-Dollar Firms Face Agent Identity Threats What If Clearing Had Its Stripe Moment? OpenAI Targets Pharma Giants With Purpose-Built AI Model California Claims Amazon Punishes Sellers for Lower Prices on Other Sites CFTC Chairman Says AI Helps Agency Run More Like a Business Global Finance Chiefs Call for Mythos Information Sharing Big Bank Earnings Show Digital Activity Drives Deposits OCC Clears JPMorgan Chase After Trade Surveillance Program Upgrade Accounts Receivable Gets an AI Upgrade BNY’s AI Strategy Signals a New Era of Platform Banking Bank of England Probes AI Threats to UK Financial Stability Rising AI Adoption Is Driving Up Enterprise Costs Google Faces EU Order to Share Search Data With Rivals Delivery Robots Lead Grab’s AI Expansion Circle Chief Says China Could Issue Stablecoin in 3 to 5 Years Amex Acquires Hyper to Boost AI and Expense Management Offerings Anthropic Ready to Offer Mythos to British Banks Issuers Face a New Reality as Credit Goes Real Time How Payments Gaps Are Limiting Deposit Growth at Community Banks AI May Run Payments but Humans Still Own the Risk 90% of Millennials Feel Pressure at the Grocery Store The New Checkout Is Where the Best Offer Wins Insurance Sector’s Private Credit Ties Has Investors Concerned Oil Price Spike Erodes Small Business Confidence, NFIB Says Synctera Looks to Beef Up Compliance With Cable Acquisition Velera Launches Cloud Platform to Modernize Credit Union Tech Kraken Lands $200 Million Investment From Deutsche Börse Walmart CFO Says Marketplace Revenue Up 20% Over 2025 The US Operationalized Stablecoins This Week, But Who’s Using Them? AI Is the New Sales Associate in Physical Retail Fed Finds Stablecoins Idle, Confirms PYMNTS Usage Gap BMO Accelerates Quantum Push With New Tech Institute Bank of France Pushes EU to Rein in Non-Euro-Backed Stablecoins Perplexity Uses Plaid to Personalize Financial Insights Blackstone Accelerates Push to Lead AI Infrastructure Boom Feds Warn Major Banks of Anthropic Mythos Cyber Threat
Cyber Experts Say DHS Funding Cuts Have Stalled Security
PYMNTS · 2026-05-01 · via PYMNTS.com

By  |  April 30, 2026

 | 

Earlier this month, the White House announced funding cuts at the Homeland Security Department’s cyberdefense unit.

Now, cybersecurity experts and lawmakers are warning that those cuts and earlier staff departures have hindered the ability of the Cybersecurity and Infrastructure Security Agency (CISA) to work with the private sector and opened the door to threats.

During a House subcommittee hearing on Wednesday (April 29), lawmakers warned that CISA is facing a crisis of capacity, Federal News Network reported.

Rep. Delia Ramirez (D-Ill.) revealed that the agency has lost approximately one-third of its total workforce over the past year The Stakeholder Engagement Division, which manages private-sector coordination, suffered the biggest hit, losing 96 of its 189 staff members since early last year.

“It’s ironic to talk about modernizing DHS… when Trump has been on a vindictive campaign to dismantle CISA,” Ramirez stated, highlighting a fiscal 2027 budget request that would further slash the Stakeholder Engagement Division to just 62 positions.

The impact of these cuts is being felt acutely across the industry, the report added. Scott Algeier, executive director of the IT-ISAC, testified that the dissolution of the Critical Infrastructure Partnership Advisory Council (CIPAC) last year removed the essential legal framework for strategic engagement.

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“As a result, most of the work with CISA is at a standstill,” Algeier warned, noting that adversaries continue to attack with impunity while a promised replacement for the council has failed to materialize.

PYMNTS reported earlier this month that the White House’s budget for 2027 calls for a $707 million cut to CISA, bringing its funding to $2.2 billion.

The Office of Management and Budget (OMB) said in the budget that the new allocation reverts CISA to its original mission, removes programs that duplicate others at the state and federal levels, and does away with programs focused on so-called misinformation and propaganda.

“The Budget refocuses CISA on its core mission — Federal network defense and enhancing the security and resilience of critical infrastructure — while eliminating weaponization and waste,” OMB said in the budget. “CISA was more focused on censorship than on protecting the Nation’s critical systems, and put them at risk due to poor management and inefficiency, as well as a focus on self-promotion.”

PYMNTS reported last year that CISA was facing scrutiny amid the cuts being undertaken by the Department of Government Efficiency (DOGE).