The race to bring stablecoins into mainstream business finance faces the challenge of whether treasury departments can process them without dismantling the systems that already manage billions of dollars in daily cash movements. Get the Full Story Complete the form to unlock this article and...
Digital bank Nubank’s Mexican operation, Nu Mexico, has received authorization to begin operations as a bank and now has 30 calendar days to complete its transformation into a bank, the company said in a Friday (July 10) press release. Get the Full Story Complete the form to unlock...
Retailers have spent two decades optimizing for traffic. The metric that shaped every SEO budget, every paid search bid and every social media campaign was volume: how many visitors arrived at the site. Shopify reported in a May blog post that artificial intelligence-referred shoppers on...
The five companies spending the most on artificial intelligence (AI) data centers in the United States doubled their debt load over the past five years to finance their efforts, Bloomberg reported Friday (July 10). Get the Full Story Complete the form to unlock this article and...
JPMorgan Chase & Co. tested artificial intelligence (AI) agents that allocate capital between stocks in response to changing market conditions, and it found that all eight agents beat both the traditional 60/40 portfolio and the bank’s own rules-based market regime model, Bloomberg reported Friday (July 10)....
Blockchain finance innovation focused so much on using technology to remove intermediaries that it hasn’t yet had time to ask many different questions. One of the more pressing ones, at least for the enterprise and institutional space, is: Once the intermediaries are gone, who takes...
New York Gov. Kathy Hochul has launched a sweeping effort to reduce regulatory burdens across state government, pairing a broad review of existing rules with the use of artificial intelligence (AI) to identify opportunities for streamlining. The initiative, which the administration describes as the largest...
Retailers have always known what customers bought. They have rarely known what customers almost bought. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
South Korean memory chipmaker SK hynix raised $26.5 billion in its U.S. market debut Friday (July 10), completing the largest-ever U.S. listing by a foreign company, the Financial Times reported Friday. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
