Nothing visibly changed in American payments when the clock struck midnight on Saturday (July 11). Consumers still used cards, bank accounts and cash, and businesses still moved funds through banking networks. Yet the United States had nonetheless made a consequential architectural choice about the future...
As platforms expand the services they offer merchants, financing is emerging as a feature that can be delivered through the same software businesses use every day. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Stablecoin issuer Circle faces several challenges despite its receipt of final approval from the Office of the Comptroller of the Currency (OCC) to establish a bank, analysts from Japanese investment bank Mizuho wrote in a Friday (July 10) note, CoinDesk reported Monday (July 13). Get...
Artificial intelligence is transforming the economy, and now is the time to ensure that the technology benefits society, according to a statement signed by more than 200 economists and AI researchers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
London has issued a report on accelerating tokenization in wholesale financial markets. 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, PYMNTS Today. By...
Cryptocurrency exchange Kraken has introduced a debit card for British and European Economic Area customers. 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, PYMNTS Today....
When CVC Capital Partners put Greek eCommerce platform Skroutz up for sale earlier this year, it skipped investment bankers and used artificial intelligence to run the process instead, The Wall Street Journal reported. Get the Full Story Complete the form to unlock this article and...
U.K.-based remittance provider ACE Money Transfer has launched a cross-border payments partnership with Visa. 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, PYMNTS...
Federal regulators are hearing arguments over how stocks should move to blockchain rails, CoinDesk reported Monday (July 13). 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...
