Consumer Finance
Student Loan Defaults Could Reduce Consumer Spending by $63 Billion
May 02, 2025

Rising student loan defaults could reduce consumer spending by as much as $63 billion a year, according to Bloomberg Economics. 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...

Artificial Intelligence
Visa, Mastercard, PayPal Fuel Agentic AI Commerce Boom
May 02, 2025

Three of the world’s largest payment companies, Visa, Mastercard and PayPal, are racing into the next frontier in digital commerce: agentic AI. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

artificial intelligence
This Week in AI: Visa, Mastercard and PayPal Go All in on Agentic Commerce
May 02, 2025

This week brings fresh news on the digital payments front, with Visa, Mastercard and PayPal unveiling their agentic commerce programs. Their moves represent a significant shift to the payments landscape, fueled by agentic artificial intelligence (AI) systems that can pay on behalf of consumers. Get...

Cryptocurrency
Report: Tether Aims to Launch Stablecoin in US Within a Year
May 02, 2025

Tether reportedly plans to launch a new dollar-pegged stablecoin in the United States within a year. 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...

Consumer Insights
Cash App Slowdown Highlights Shifting Consumer Behavior as They Focus on Essentials
May 02, 2025

Shares of Block fell more than 20% Friday (May 2), as slowing growth has prompted management to issue cautious guidance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cryptocurrency
UK’s FCA Seeks Comment on Cryptoasset Trading Platforms Before Proposing Rules
May 02, 2025

The United Kingdom’s Financial Conduct Authority (FCA) is seeking feedback on the regulation of cryptoasset trading platforms, saying clear regulation will boost confidence in the sector and boost its growth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Cryptocurrency
Peeking Under the USDT Hood: Tether Releases Partial Audit Amid Growing Scrutiny
May 02, 2025

The cryptocurrency market has virtually no regulatory oversight or transparency. Those are features, not bugs, of the system. 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...

Cryptocurrency
Stablecoin Market Cap Reaches All-Time High Amid Widespread Crypto Growth
May 02, 2025

Stablecoin market capitalization reached an all-time high in April amid strong performance across cryptocurrency sectors, CoinDesk Data said in a report released Friday (May 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
Inside U.S. Bank’s Push to Simplify Global Payments in an Era of ‘Co-opetition’
May 02, 2025

In the digital age, it’s easier than ever to start a business, to build a commerce platform. But getting operations up and running is one thing; thriving is quite another. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...