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Liquidity decisions for multinational enterprises have always been defined by timing. Treasury teams watch cutoff times, forecast balances and pre-fund accounts before weekends or bank holidays.
Stephen Randall, global head of Liquidity Management Services at Citi, told PYMNTS in a recent interview that those days are ending as enterprise payment expectations shift to real time....
Watch more: Monday Conversation: Visa’s Rubail Birwadker
A digital assistant can already do a lot of the work that once belonged to people.
It can search for products, compare suppliers, book travel and draft invoices in seconds. But the moment that assistant is allowed to complete a purchase, something fundamental changes.
That step from suggesting to spending is where agentic...
Agentic AI is often portrayed as a ‘wait-and-see’ game. As PYMNTS Intelligence data shows, CFOs have expressed their curiosity and a limited amount of trust, but they’ve yet to take their hands off the wheel.
And maybe some never will. But over the past week The Prompt Economy saw some new use cases in the financial services sector that are beyond “wait and see.” For example in a...
Fraudsters are constantly evolving, and banks are struggling to keep up.
The imbalance underscores a broader shift. Criminal activity is pivoting toward external attackers regaining dominance after a brief period in which authorized-party fraud played a larger role. Banks are responding with higher spending and more advanced tools, but the contest remains uneven, as PYMNTS Intelligence...
For years, loyalty followed credit, but new data shows that rewards are now chasing spending habits shaped by caution rather than leverage.
That is the central finding of PYMNTS Intelligence’s Embedded Finance Tracker, titled “Rethinking Rewards With a Loyalty Platform for the Debit Generation.”
The report argues that co-branded debit cards are moving from a niche concept to a viable...
The biggest change in payments and commerce over the past five years has been the speed at which technology moves, and the speed at which it’s being adopted.
As artificial intelligence (AI), real-time payments, and global commerce converge, financial functionality will become even more deeply woven into digital experiences. Complexity will increase, not decrease. Expectations will...
The Supreme Court is weighing the legality of the White House’s wide-ranging tariffs.
But if the justices decide against the Trump administration, a ruling requiring repayment of the duties would be a major challenge, the president’s top economic adviser said in an interview Sunday (Dec. 21) with CBS News.
“We really expect the Supreme Court is going to find with us,” Kevin Hassett,...
OpenAI has reportedly seen better margins from its paid offerings this year.
A report Sunday (Dec. 21) from The Information — also cited by Bloomberg News — says the artificial intelligence (AI) startup has improved on its “compute margin,” an in-house metric for the share of revenue after it factors in the cost of running AI models for its paying corporate and consumer users.
As of...
The EU Council has reportedly endorsed a new negotiating position for a digital euro.
The council is now supporting the idea of a version of the central bank digital currency (CBDC) that includes online and offline functionality, Reuters reported Friday (Dec. 19).
As the report noted, this diverges from past proposals by the European Parliament focused solely on offline usage. Under...
Visa and Mastercard will reportedly pay $167.5 million to settle a long-running ATM fee lawsuit.
That’s according to a report Friday (Dec. 19) from Reuters, citing court documents in a case that had accused the payment giants of conspiring to artificially boost ATM access fees.
According to the report, the agreement would potentially pay millions of ATM users who were charged an...