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With the all-important holiday selling season coming up, it might be time for consumers to review their recurring debts. One of them is insurance payments, whether it’s car, home or health. A check of the most recent PYMNTS app provider rankings shows some familiar names making big jumps in the top ten: Nationwide, Safeco and Aetna.
The PYMNTS.com Insurance Apps page offers a monthly...
For small- to medium-sized businesses (SMBs), embedded finance is no longer a fringe feature. It’s the price of admission.
In addition to adoption, rising expectations are reshaping the competitive landscape. As SMBs fold payments, lending and other financial tools into their daily operations, they are demanding more from their software providers, like faster innovation, proactive...
Watch more: Digital Shift: Coinbase, Mark Troianovski
For much of the last decade, crypto existed in a parallel universe. Its champions spoke the language of disruption and decentralization, promising to rebuild the global financial system from the ground up. But while enthusiasts coded and evangelized, the rest of the world remained skeptical watching headlines of volatility, hacks,...
The third-largest stablecoin reportedly lost its dollar peg briefly amid a wider market downturn.
USDe, a “synthetic dollar” from cryptocurrency project Ethena, fell to 65 cents against the U.S. dollar on Binance’s exchange, Bloomberg News reported Saturday (Oct. 11). The coin is designed to maintain a price near to that of the dollar, and regained that status following an initial sell...
The White House has argued its tariffs were designed to help the American car industry.
But as the Financial Times (FT) reported Sunday (Oct. 12), the levies have ushered in turmoil for the sector, with the three biggest carmakers — Ford, General Motors and Stellantis — now projecting a combined $7 billion tariff-related hit to their 2025 earnings.
At the same time, thousands of...
Meta has reportedly recruited one of the co-founders of artificial intelligence (AI) startup Thinking Machines.
Andrew Tulloch, a high-profile AI researcher, confirmed his departure in a message to workers on Friday (Oct. 10), The Wall Street Journal (WSJ) reported, citing sources familiar with the matter.
“Andrew has decided to pursue a different path for personal reasons,” a...
American regulators are making it easier for companies to go public during the government shutdown.
The last time there was a government shutdown, in October 2023, companies scrambled to get their initial public offerings (IPOs) off the ground.
Businesses are typically blocked from listing on Wall Street during a shutdown, as Congress hasn’t approved funding that would allow...
American banks could realize $2.6 trillion in lending capacity amid relaxing financial regulations.
That’s according to a report Sunday (Oct. 12) by the Financial Times (FT), citing research from consultancy Alvarez...
Apple is reportedly preparing to acquire talent and technology from computer vision startup Prompt AI.
The tech giant was in late stage talks on the deal, CNBC reported Friday (Oct. 10), with Prompt’s leadership informing employees of the pending transaction last week.
Those employees were told that those who did not end up joining Apple will be paid a reduced salary, and encouraged to...
New U.S. tariffs have helped drive record liquidations in the cryptocurrency market.
As Bloomberg News reported, crypto prices plunged Friday (Oct. 10) when President Donald Trump announced an added 100% tariff on China as well as export controls on software.
It led to what data tracker Coinglass called “the largest liquidation event in crypto history,” the report added, with this...