Cryptocurrency company RedotPay is considering filing for a confidential initial public offering in the United States by the year’s end, Bloomberg reported Monday (Oct. 26). Hong Kong-based RedotPay, which offers physical and virtual cards for crypto transactions, has been in deliberations and regulatory troubles for...
Blockchain company Ripple has announced new capabilities for its treasury product. The updated Ripple Treasury allows businesses to manage cash, payments and liquidity around the clock, the company said in its announcement Monday (Oct. 26). “The way businesses move money is changing, and treasury needs...
Anthropic’s filed its paperwork to go public Monday (Oct. 26), becoming the first frontier artificial intelligence (AI) lab to seek a listing. Its prospectus disclosed $16.3 billion in revenue for the first six months of 2026 against $1.16 billion a year earlier. The company, which...
Walmart has announced what it calls “three major holiday shopping events” for Black Friday and Cyber Monday. “Walmart research shows that 60% of shoppers say the price of gifts and holiday purchases affects how they feel about the season, while 70% say lower prices would...
Elavon has joined the SAP PartnerEdge program and plans to embed its payments capabilities into SAP applications, the company said in a Monday (Oct. 26) press release. The planned integration with SAP Digital Payments Add-On and Open Payment Framework will help enterprises manage payments across finance, commerce and other core business operations. The companies plan to extend the...
Virginia Gov. Abigail Spanberger ordered a statewide cybersecurity strategy to address threats from artificial intelligence, adding to states’ efforts to fill preparedness gaps left by the absence of comprehensive federal AI guardrails. Executive Directive 6, issued Friday (Oct. 23), instructs Virginia’s secretary of public safety...
Meta is planning to raise $95 billion to support its artificial intelligence (AI) efforts. The tech giant announced its fundraising plans Monday (Oct. 26), saying it planned to raise $35 billion in underwritten public equity offerings, before drumming up another $60 billion with an at-the-market program. “Meta’s planned...
Anthropic filed for a proposed initial public offering Monday (Oct. 26) without setting a price range. The artificial intelligence startup filed its Form S-1 with the Securities and Exchange Commission. Announcing the IPO filing in a press release, Anthropic said: “Anthropic intends to list its...
Commerce firms can often see a payment fail. The opportunity lies in what they can do next. The PYMNTS Intelligence report “How These Industries Are Turning Payments Failures Into Recovers,” the October edition of The Orchestration Advantage Series done in collaboration with Spreedly, found that commerce...