May 07, 2024
Revolut Debuts Crypto Exchange for Professional UK Traders
British FinTech Revolut has unveiled a stand-alone cryptocurrency exchange for professional crypto traders. Revolut X, announced Tuesday (May 7), is designed to compete with other top exchanges by offering easy...
May 07, 2024
What Businesses Tackling Technical Debt Can Learn From the IRS
Where a business spends its money typically defines its strategy. And with the news last Thursday (May 2) that the Internal Revenue Service (IRS) is seeking more funding to continue scaling...
May 07, 2024
Online Engagement Transforms Shoppers’ In-Store Expectations
As shoppers integrate digital technologies into their retail journeys before and after entering the store, their brick-and-mortar expectations are evolving. PYMNTS’ Q1 eBook, “The Implications of Uncertainty,” draws on insights from...
May 07, 2024
FIS Launches Embedded Finance Platform for Financial Institutions and Businesses
FIS has launched an embedded finance platform designed for use by financial institutions, businesses and software developers. The new “Atelio by FIS” platform can help any company collect deposits, move...
May 07, 2024
MercadoLibre Faces ‘Abusive Conduct’ Complaint From Argentine Lenders
Banks in Argentina are reportedly accusing eCommerce giant MercadoLibre’s payments platform of anti-competitive practices. MODO, a digital wallet backed by dozens of Argentine lenders, claims that the company forces shoppers to fulfill online purchases...
May 07, 2024
Is Apple at Risk of Becoming the Next IBM?
Sixty-three years ago this month, the world’s first supercomputer was born. In May of 1961, IBM introduced its Model 7030, also known as “Stretch.” The gamechanger was its computational processing...
May 06, 2024
Sam Ash Closes Stores as Musicians Turn to Amazon
As Amazon gains share in hobby retail categories, specialty retailers such as Sam Ash are taking a hit. The music retailer announced Thursday (May 2) that it is closing all its stores. “It is with a...
May 06, 2024
India Proposes CBDC That Can Function Offline
India’s central bank wants its digital currency to be available without internet access. “One of the key features of cash is that it works offline,” Reserve Bank of India (RBI) Governor Shaktikanta Das said...
May 06, 2024
Alipay+ Looks to Expand as eWallet Use Grows
China’s Ant Group is reportedly looking to expand use of its payments product Alipay+. “What we found is that people want to use their home e-wallets when they travel abroad. So they don’t want...
