Wall Street firm Morgan Stanley is getting more bullish on the payments and processing markets, upgrading its investment rating to be attractive, with growth expected in the quarters to come. According to a report in MarketWatch, Morgan Stanley cited the resiliency of consumer spending, market...
Barclays filed two applications with the U.S. Patent & Trademark Office on Thursday (July 19), reports in CoinDesk said. Both applications relate to application of blockchain technology. One describes a blockchain platform to accelerate cryptocurrency transfers, while the other describes a blockchain solution to streamline...
Flameouts. Scams. Investors who tread among ICOs are taking their shots in the Wild West. Only a minority of ICOs make it into their fifth month. But as research from Boston College shows, returns are still positive, staggeringly so, as Hugo Benedetti, PhD candidate and the paper’s...
Even a decade ago, Touché LA Co-founder Karl Singer told PYMNTS in a recent conversation, the middle market of fashion was a very different place — and not just in terms of the style types that were available for purchase. What people are buying, after...
FIs' investment in artificial intelligence (AI) and machine learning (ML) is expected to reach $57.6 billion by 2021. In the latest Digital Banking Tracker, PYMNTS tracks the latest developments driving investment in the space. Plus, Moiz Kohari, SVP and chief technology architect at State Street,...
When people talk about the plight of living paycheck to paycheck, Even Responsible Finance CEO Jon Schlossberg told Karen Webster in a recent conversation, they usually aren’t thinking broadly enough about the problem or who it effects. When most people think about financial instability, they...
American Express has filed for a blockchain-based proof of payment technology, and Santander U.K. entered into an agreement with Infosys Finacle. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Welcome to Five at Five, your late look at the payments and commerce news of the day. Coverage today digs into the results of Prime Day, and shows what the Amazon event means for its competitors. A big food delivery company has even bigger plans,...
Change typically brings confusion and some level of chaos, and that’s true for merchants trying to win over foreign shoppers and master cross-border payments — achievements that can provide a revenue edge as eCommerce continues to grow across the world. And digital technology’s ongoing work...
