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The cryptocurrency market’s familiar boom-and-bust cycle has entered another pronounced downswing. Capital is leaving digital assets at a pace not seen since the depths of the last crypto winter, institutional allocations are shrinking as outflows grow and the speculative energy that once powered the crypto-native verticals of the blockchain space is beginning to run on fumes.
As of...
Wage growth for middle-income households showed some weakness in January, while that of lower- and higher-income households remained steady, the Bank of America Institute said Thursday (Feb. 5).
Middle-income households’ after-tax wage growth dropped to 0.4 percentage points below its second-half 2025 average during a month in which that of both lower- and higher-income households were...
Apple Inc. is scaling back plans for an AI-based health coach, a retreat that underscores the difficulty of turning health tracking into a paid service. The shift matters for Apple’s wearables and services goals.
Bloomberg reported on Feb. 5 that Apple has wound down the initiative, code-named Mulberry, citing people familiar with the matter. Apple referred to the effort internally as...
Watch more: The Digital Shift With Citi’s Biswarup Chatterjee
As blockchain infrastructure inches closer to the core of global finance, a consequential debate is taking shape inside banks and among institutional investors.
What form of digital money will ultimately dominate on-chain settlement?
Stablecoins have so far captured the spotlight, buoyed by rapid adoption and growing...
Not long ago, FinTechs and credit unions often approached each other from opposite sides of the same market.
Today, they increasingly meet in the middle, trading rivalry for collaboration as both groups confront rising member expectations, tighter margins and accelerating digital change.
That shift sat at the center of “Credit Union Innovation Readiness: How Credit Unions and FinTechs...
For many small businesses, the most important payment is no longer the one they expect. It is the one they do not.
That is the central insight of “Immediate Impact: How SMBs Can Benefit From Instant Payments,” an installment in the PYMNTS Intelligence Money Mobility Tracker, produced in collaboration with Ingo Payments.
The report finds that ad hoc, nonrecurring payments now dominate...
Adaptability is a key competitive advantage in the evolving payments industry, Paysafe CEO Bruce Lowthers writes in a new PYMNTS eBook, “2025’s Over/Under: The Bets That Paid Off.”
Looking back at the predictions made in 2020 by major industry players like McKinsey, Deloitte, Visa and Mastercard, most were remarkably accurate, though the timeline was compressed by the pandemic.
In a...
Businesses and their accountants continued to adopt artificial intelligence (AI) agents and other digital tools in the quarter ended Dec. 31, BILL executives said Thursday (Feb. 5) during the company’s second quarter fiscal 2026 earnings call.
BILL’s financial operations platform is used by 498,000 businesses and 9,500 accounting firms, according to an investor deck released in...
Amazon’s Q4 earnings call on Thursday (Feb. 5) produced the number everyone repeated: CEO Andy Jassy said Amazon expects to invest about $200 billion in capital expenditures in 2026, “predominantly in AWS,” to add capacity for AI and core cloud workloads.
But the call wasn’t only an AI-capex story. It also previewed how Amazon wants to use that infrastructure to make shopping faster...
GrubMarket raised $50 million in a Series H funding round to extend the reach of its platform for the American food supply chain industry.
The company does business in 70 countries around the world and aims to expand further, it said in a Monday (Feb. 2) press release.
During 2025, GrubMarket launched an inventory management AI agent for the food supply chain industry and a reporting...