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Predictions of a cashless world have circulated for decades, yet physical money continues to anchor daily commerce across much of the globe.
Visa’s 2026 outlook highlighted just how large that footprint remains. The company estimated that roughly $11 trillion in cash is still in circulation worldwide.
“Paper money is not going to disappear any time soon since there is just so much of...
Mastercard and Interchecks have partnered to expand the adoption of account-to-account (A2A) payments.
The collaboration brings together Mastercard’s Open Finance capabilities and Interchecks’ Pay by Bank solution, the companies said in a Wednesday (Dec. 17) press release.
As part of this partnership, Interchecks will leverage Mastercard’s Open Finance verification tools and network...
Amazon has formed a new organization that will bring together its artificial intelligence (AI) models, silicon development and quantum computing.
The company’s artificial general intelligence (AGI) team will be included in the organization, as will the Nova AI models and the Graviton, Trainium and Nitro products, Amazon CEO Andy Jassy said in a Wednesday (Dec. 17) message shared with...
Co-branded credit card startup Imprint is now a billion-dollar company.
The new valuation — at $1.2 billion, to be precise — came as the company raised $150 million in a Series D round announced Wednesday (Dec. 17).
Imprint says it will use the funding to expand beyond credit into debit, secured cards and flexible financing, and to power its loyalty programs and connecting brands to...
Digital analytics platform Contentsquare has launched a new partnership with Shopify.
The collaboration, announced Wednesday (Dec. 17), is designed to combine Shopify’s eCommerce platform and Contentsquare’s behavioral insights to offer businesses an “end-to-end view of the customer experience — from first interaction through post-purchase.”
eCommerce, product and marketing teams can...
Revenue platform Sequence has secured $20 million in new funding.
The company says its Series A round, announced Tuesday (Dec. 16), will allow it to continue what it calls the work of eliminating “the most manual and painful parts of revenue operations.”
This includes things like billing and invoice automation to real-time revenue recognition, with Sequence employing artificial...
Cryptocurrency industry leaders and lobbyists are reportedly meeting with Sen. Tim Scott of South Carolina and other lawmakers Wednesday (Dec. 17) to discuss the crypto market structure bill.
Scott and the Senate Banking Committee, of which he is chairman, have taken the lead in trying to advance the bill, and the meeting Scott is hosting is meant to negotiate some details of the bill...
There’s a growing divide at the center of the digital asset universe, and it’s one that breaks cleanly over the sector’s fundamental technology: Distributed ledgers, or blockchains.
Public blockchains remain the center of gravity for crypto innovation. These networks, like Ethereum, Bitcoin, Solana, the Ripple ledger, Polygon, Avalanche and others, are typically open, composable and...
Speaking at a recent financial conference, American Express’ CEO offered a blunt opinion on surcharges.
“Our card members should not be discriminated against,” Steve Squeri said at the Goldman Sachs U.S. Financial Services Conference. “I think surcharging in general is a really bad customer experience.”
The CEO used his time at the conference to highlight a key difference between its...
The British government is reportedly planning sharp funding increases for areas like artificial intelligence (AI) and video games.
That spending could increase by up to 100% in some areas as the U.K.’s research funding agency reconfigures its budget to boost the economy, the Financial Times (FT) reported Wednesday (Dec. 17).
Sir Ian Chapman, chief executive of UK Research and...