Visa: Bots Drive 90% of Stablecoin Transactions
Bots account for a vast majority of stablecoin transactions, recent Visa research shows.
Fewer than 10% of these transactions come from genuine users, according to a new metric from Visa and Alli...
JPMorgan Offers Faster Domestic Payments Via Visa Direct
J.P. Morgan and Visa have teamed to offer faster domestic payments via Visa Direct.
The collaboration, announced Monday (May 6) is designed to improve merchant experiences and empower cardholders ...
Bakkt Cuts 13% of Staff as Execs Depart
Bakkt is cutting staff after warning earlier this year about the future of the company.
The cryptocurrency platform said in a securities filing Friday (May 3) that it is laying off 28 workers, or 13% ...
Citi’s Chief Digital Officer Connects Data to Customer Experience
The amount of data now being generated by consumers is testing the constraints of the dictionary.
Only 10 years ago it was measured in terabytes, which is a trillion bytes. But now those 329 mi...
Exclusive: Markaaz Introduces Global Business Identity Platform
A new global business identity platform is on the scene, enabling banks, FinTechs and enterprises to verify and onboard businesses of all sizes, particularly smaller businesses. Four years and hundred...
Technology and Data Pave the Way for Improved B2B Payments
Data integrity and technology that provides flexibility are key for businesses in a dynamic market, Boost Payment Solutions CFO Mariana Lamson writes in the new PYMNTS eBook, “The Implications of Un...
CE 100 Index Rises 0.7% as Earnings Drive Lifestyle Categories
The CE 100 Index gained 0.7%, buoyed by continued earnings reports that boosted the fortunes of the Shop and Live pillars.
Shares of Koninklijke Philips N.V. (Philips) were 27.6% higher, as the Live ...
Report: Private Equity Pushing Onto Bank’s Low-Risk Loan Turf
Private equity companies are reportedly stepping up efforts to compete with banks on low-interest loans.
For example, the Financial Times (FT) reported last week, Apollo Global has increased its lon...
Apple AI Could Produce ‘Really Really Good’ Version of Siri
What if Apple’s voice assistant Siri “was really, really, really good?”
That question is at the heart of much of the tech giant’s artificial intelligence (AI) research, according to a report ...
Crypto Firms Engage in Aggressive Fundraising to Boost Valuations
Cryptocurrency startups are reportedly engaging in aggressive fundraising as the digital asset space recovers.
As Bloomberg News reported Saturday (May 4), this approach entails an open-ended form of ...