The Business & Technology Network
Helping Business Interpret and Use Technology
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PayPal finds itself in a transition year, as 2026 signals a reworking of strategy while growth cools, with deceleration in its online branded checkout franchise. The company reported its fourth-quarter and full-year 2025 earnings results Tuesday (Feb. 3) alongside a shakeup at the top. The board named Enrique Lores, most recently PayPal’s board chair, as president and CEO effective...
Walmart’s market capitalization topped $1 trillion on Tuesday (Feb. 3) after its shares rose as much as 1.6% in early trading and more than doubled over the past two years, the Financial Times reported Tuesday. The retailer became one of nine U.S. companies with a market over $1 trillion, according to the report. Most of the other companies are tech groups. The Wall Street Journal ...
No, this is not a scene from “Black Mirror.” A few days after the open-source AI agent OpenClaw exploded across developer forums and social media, a new experiment quietly took shape alongside it. Moltbook, a Reddit-like social network built not for humans but for AI agents, went live as a companion space where autonomous programs could post, comment and exchange information with one another...
PayPal sprang a surprise on investors Tuesday morning (Feb. 3), unveiling a CEO change during the company’s fourth-quarter earnings call. PayPal said it has named Enrique Lores to lead the next phase of its strategy, replacing Alex Chriss as the board presses for faster execution in a more crowded payments market. PayPal Holdings’ board appointed Lores as president and CEO, effective...
Visa clients around the world will soon be able to send cross-border remittances and business-to-consumer payouts to more than 95% of UnionPay debit cardholders in mainland China. This offering will be enabled by a new agreement between the two companies, and it is expected to be launched during the first quarter, they said in a Tuesday (Feb. 3) press release emailed to PYMNTS. Under...
The job of the chief financial officer typically shifts in step with the macro environment. In yesteryear’s era, defined by cheap money, globalized supply chains and predictable demand curves, financial leadership was largely about squeezing inefficiencies out of a system designed to scale. The name of the game for the CFO mandate was to optimize. But new findings from the January...
The next phase of artificial intelligence (AI) adoption is not arriving evenly across the economy. It is taking shape first inside the technology sector itself, where companies that build digital tools are also becoming the earliest and most confident users of autonomous systems. That is the central theme of “Tech on Tech: How the Technology Sector Is Powering Agentic AI Adoption,” a...
Watch: Why technology enables smarter merchant acquisition Merchant acquisition has become both an opportunity and a strategic pressure point for banks, sitting at the intersection of growth ambitions and regulatory accountability. In a PYMNTS TV interview, Maverick Payments Vice President of Bank Strategy and Partnerships Kyle Becker framed the challenge in practical terms: risk...
Credit unions can find opportunity in navigating technology shifts and trends while keeping members at the center, Velera President and CEO Chuck Fagan writes in a new PYMNTS eBook, “2025’s Over/Under: The Bets That Paid Off.” The past five years have reminded us that change rarely follows a straight line. Some payments trends unfolded as expected — validating early strategic bets —...
FuturePay Global Limited has supported the entry of its payments platform into Latin America by integrating Paysafe’s SafetyPay solution. The FuturePay platform connects global merchants’ checkouts to multiple payment solutions, the companies said in a Monday (Feb. 2) blog post. The addition of SafetyPay’s suite of local payment methods will tailor the platform for Latin America,...