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Earnings season rarely yields a single organizing narrative, yet the most recent cycle has revealed a narrative tied to cards: Issuance is increasingly positioned as embedded infrastructure.
Across investor materials and management commentary, companies and highlighted spend intensity and workflow integration, as issuance has become a connective layer linking payments, liquidity and,...
Apple is accelerating its development of three artificial intelligence (AI)-powered wearable devices: smart glasses, a pendant and AirPods, Bloomberg reported Tuesday (Feb. 17), citing unnamed sources.
The three devices will be built around the company’s Siri digital assistant and will be linked to the iPhone, according to the report.
The pendant and the AirPods with expanded AI...
Amazon has proposed a second big-box store in the Chicago area, Mass Market Retailers (MMR) reported Tuesday (Feb. 17), citing a paywalled article in the Chicago Tribune.
The company submitted to local officials a proposal for a store in the Chicago suburb of Oak Brook, after doing the same earlier in nearby suburb Orland Park, according to the MMR report.
The proposed facility in Oak...
Apple is promoting the ability of Apple Pay to let users pay over time in stores as well as in apps and online.
This capability is available with iOS 26 and users’ eligible cards, the company said in a Tuesday (Feb. 17) promotional email seen by PYMNTS.
While users can pay with installments online and in apps with a compatible iPhone with iOS 18, they can use that payment method in-...
Across robotics, media production, healthcare administration, compliance and small-business front desks, startups raised capital by promising measurable output: robots on factory floors, video assets in production pipelines and prior authorizations processed.
Humanoid Robots and Studio-Grade Video
Apptronik, which closed more than $935 million in Series A funding, including a $520...
The pace of artificial intelligence spending required in the financial services sector may force smaller banks into mergers, Bloomberg reported Tuesday (Feb. 17), citing analysts at JPMorgan Chase.
Competitive demands are forcing banks of all sizes to invest in AI, and this trend favors large banks and some regional ones that are better able to afford that investment, the analysts said...
For roughly 20 years, enterprise software companies have optimized around seats.
Add users, grow annual recurring revenue and expand multiples.
That model powered the rise of Salesforce, ServiceNow and hundreds of software-as-a-service (SaaS) companies whose valuations rested on predictable per-user subscriptions.
Artificial intelligence is beginning to fracture that logic.
As...
Artificial intelligence may transform the American workplace by enhancing how employees perform complex tasks rather than replacing employees, Federal Reserve Governor Michael S. Barr said Monday (Feb. 17).
In a speech delivered at the New York Association for Business Economics, Barr said that while technological shifts often cause short-term disruptions, they typically lead to the...
Cloud technology company Render has raised $100 million in new funding.
The firm’s Series C extension, announced Tuesday (Feb. 17), values Render at $1.5 billion and will help it build cloud runtime for artificial intelligence (AI) agents and applications.
“Traditional web apps rely on short-lived, stateless request-response cycles. AI agents are the opposite: they are long-running,...
Should the increasingly popular predictions market space be regulated by states or the federal government?
The Commodity Futures Trading Commission (CFTC) is making the case that the authority to oversee these companies lie with it, CNBC reported Tuesday (Feb. 17).
The report came as the regulator filed an amicus brief in federal court defending its right to enforce prediction markets...