Digital asset infrastructure provider Ripple has acquired treasury management systems supplier GTreasury for $1 billion, saying the deal provides Ripple with access to the corporate treasury market and many large and successful corporate customers. Get the Full Story Complete the form to unlock this article...
Consumers and businesses increasingly expect to send and receive money immediately. The latest evidence: The Clearing House (TCH) said Thursday that its Real-Time Payments network, the nation’s largest instant payments system, set a new single-day record on Oct. 3, processing more than 1.8 million transactions...
Paxos, the issuer of PayPal’s PYUSD stablecoin, said Wednesday (Oct. 15) that it accidentally minted “excess PYUSD” and then removed the excess from circulation. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Google said its open-source Gemma AI model helped scientists identify a potential new biological pathway for cancer therapy, according to a release by Google. The company said the finding demonstrates how smaller, open models can play a role in high-impact scientific research typically dominated by...
Companies accelerated their shift away from paper checks last quarter, lifting business‑to‑business payments on the ACH Network 10% year over year as Same Day ACH usage climbed, according to new figures from Nacha. Get the Full Story Complete the form to unlock this article and...
The Financial Stability Board said Wednesday (Oct. 16) that jurisdictions should fully and consistently implement the FSB Global Framework for Crypto-asset Activities to eliminate the gaps and inconsistencies that currently exist. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Uber said on Thursday (Oct. 16), that it is introducing a new way for some of its U.S. drivers to earn money by taking on digital tasks tied to the company’s data labeling business, Bloomberg reported. Get the Full Story Complete the form to unlock...
Affirm Holdings Inc. is broadening its footprint in the payments sector through two new partnerships, Fanatics and FreshBooks, aimed at deepening its presence among both consumers and small businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
U.S. Bancorp’s third-quarter earnings results, released before the markets opened Thursday (Oct. 16), indicated that growth in deposits, improved credit metrics and embedded payments were all drivers of results. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
