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Hong Kong-based stablecoin payments firm RedotPay is reportedly planning to go public.
The company is weighing a U.S. initial public offering (IPO) that could raise more than $1 billion, Bloomberg News reported Tuesday (Feb. 24), citing sources familiar with the matter. These sources say RedotPay is working with banks and could seek a valuation of more than $4 billion.
As Bloomberg...
Thomson Reuters’ professional-grade artificial intelligence technology CoCounsel has been adopted by 1 million professionals across 107 countries, the company said in a Tuesday (Feb. 24) press release emailed to PYMNTS.
CoCounsel is Thomson Reuters’ AI technology that powers generative and agentic capabilities across the company’s legal, tax, accounting, audit, risk, compliance and...
FedEx has taken legal action over the tariffs recently struck down by the Supreme Court.
The shipping giant’s complaint, filed Monday (Feb. 23), is believed to be the first major lawsuit seeking a reimbursement since the court ruled that President Donald Trump had no authority to issue tariffs under the International Economic Emergency Powers Act (IEEPA).
FedEx is asking the U.S. Court...
Watch more: Need to Know With Visa’s Chavi Jafa
Nearly half of growth corporates across Asia Pacific, companies with revenues between $50 million and $1 billion, say they don’t use working capital tools. Not because they don’t need them, but because what’s available doesn’t match how they actually operate.
That finding, from Visa’s latest Working Capital Index done in collaboration...
Watch more: What’s Next in Payments With Velera’s Cody Banks
The payments environment facing credit unions in 2026 reflects a subtle yet consequential shift in emphasis, as competitive pressures, member expectations and technological capabilities converge around a single organizing principle.
For Cody Banks, senior vice president of Product Experience and Enablement at credit union...
Watch more: What’s Next in Payments With The Clearing House’s Sal Karakaplan
A single word rarely captures the trajectory of an entire industry. Yet during periods of structural change, language often provides a useful lens through which priorities, anxieties and ambitions can be understood.
During a conversation for the February edition of the What’s Next in Payments series, “Word of...
Big Tech spent millions on flashy Super Bowl commercials to hype generative artificial intelligence as a creative tool for the masses, but the holy grail is locking down lucrative enterprise subscriptions for armies of corporate employees. Multinational giants like Alphabet don’t just sell 8 million Gemini Enterprise seats in four months for novelty’s sake. Google’s parent company is trying to...
The smartphone is no longer just a shopping tool. It has become the storefront.
That was the central takeaway from the “2025 Global Digital Shopping Index: The Rise of the Mobile Window Shopper and What It Means for Payments,” a PYMNTS Intelligence report commissioned by Visa Acceptance Solutions. Drawing on surveys of 18,468 consumers and 3,464 merchants across eight countries, the...
Technology has long shaped how people order meals, but in 2026 it is beginning to govern how restaurants define value.
That is the central finding of the PYMNTS Intelligence January 2026 B2B and Digital Payments Tracker, “Value-Driven Innovation: How Restaurants Are Adapting to Digital Expectations.” The report documents an industry recalibration driven by leaner household budgets,...
Job security has long been treated as the cornerstone of financial stability, yet new data suggest that security without mobility can narrow economic choices rather than expand them.
The “Wage to Wallet Index” from PYMNTS Intelligence, WorkWhile and Ingo Payments finds that workers’ perceptions of job mobility increasingly shape how they spend, save and manage risk, often more...