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Coinbase has reportedly gotten the White House’s backing in a battle over pending cryptocurrency legislation. President Donald Trump met Tuesday (March 3) with Coinbase CEO Brian Armstrong before publicly siding with the company in its ongoing fight with banks over the stalled stablecoin-focused bill, Politico reported, citing two sources with knowledge of the matter. While it is not...
The “Growth Corporates Working Capital Index 2025–2026: Research Report Data Book” is a PYMNTS Intelligence report commissioned by Visa. The report examines how Growth Corporates are rethinking working capital management in an environment defined by volatility, expansion and digital acceleration. These firms, typically generating between $50 million and $1 billion in annual revenue, are the...
Watch more: Need to Know With North’s Suril Patel When merchants viewed payments solely through the lens of cost, they typically looked for as little cost as possible. But that one-dimensional calculus is breaking down in the face of today’s multifaceted commerce realities. As transactions become continuous and embedded across services, payments systems are increasingly functioning...
Consumers are embracing instant payments, which offer them speed, security and peace of mind that their money is exactly where it needs to be, when it needs to be. Corporates, however, are slower to make the jump. PYMNTS Intelligence found that just 5% of larger small- to medium-sized businesses (SMBs), for example, have digitized their payments processes. Although many businesses and...
Generative AI is cementing its status as a near-term operating upgrade for U.S. product chiefs, with rising confidence that it can speed work while also improving control in sensitive areas such as security and compliance. That is the central message of a new PYMNTS Intelligence report, “From Experiment to Imperative: US Product Leaders Bet on Gen AI.” Based on a survey of 60 chief...
There’s an affordability crisis rocking households in the United States. Housing, insurance, healthcare, childcare, transportation and other categories once expected to scale gradually with income have instead shifted upward in step changes, all while wage growth remains uneven and employment stability more fragmented. Data from PYMNTS Intelligence’s latest Generational Pulse Report...
Off-price retailer Ross Stores saw “robust” comparable store sales growth in the fourth quarter, crediting the expansion in part to its success in drawing shoppers away from mainstream retailers. The company’s comparable store sales were up 9% for the quarter ended Jan. 31, on top of a 3% gain during the same period the previous year, and its total sales rose 12%, according to a...
The manufacturing sector saw more economic activity in February, marking the second consecutive month of growth and only the third month of growth in the past 40 months, the Institute for Supply Management (ISM) said Tuesday (March 3). The ISM Manufacturing PMI was gauged at 52.4% in February after reaching 52.6% in January, ISM said in a Tuesday press release. A Manufacturing PMI...
Meta is building a new applied artificial intelligence engineering organization that will partner with the company’s Superintelligence Lab to make AI models faster, The Wall Street Journal reported Tuesday (March 3). The new organization will include a team responsible for building interfaces and tooling, and another team focused on executing tasks, generating data and providing...
The federal government’s annual accounting of artificial intelligence use cases reflects a steady acceleration in adoption. Agencies across Washington have cataloged more than 2,500 AI applications, a sharp increase from prior inventories, as AI shifts from limited pilot programs into operational systems embedded in day-to-day government work. The most recent consolidated federal...