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US In-Store Mobile Wallet Use Sees 4.3% Increase Since 2022

US In-Store Mobile Wallet Use Sees 4.3% Increase Since 2022
US In-Store Mobile Wallet Use Sees 4.3% Increase Since 2022
May 16, 2025  |  Mobile Wallets

While U.S. consumers are rapidly embracing mobile wallets for peer-to-peer payments, their adoption for in-store transactions still lags behind many international counterparts, highlighting a dichotomy...

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FinTech IPO Index Gains 4.4% as Toast and dLocal Get a Boost on Earnings
FinTech IPO Index Gains 4.4% as Toast and dLocal Get a Boost on Earnings
May 16, 2025  |  Fintech Investments

Moving into mid-May, the FinTech IPO Index’s 4.4% increase was powered by a string of earnings reports, with digital payments growth seen across Latin America...

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Meta Delays ‘Behemoth’ AI Model; Business Impact May Be Muted
Meta Delays ‘Behemoth’ AI Model; Business Impact May Be Muted
May 15, 2025  |  artificial intelligence

Meta reportedly is postponing the release of the largest version of its open-source Llama 4 artificial intelligence (AI) model from summer to fall at the...

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FTX to Distribute $5 Billion to Creditors in Second Distribution
FTX to Distribute $5 Billion to Creditors in Second Distribution
May 15, 2025  |  Legal

FTX’s bankruptcy advisers said Thursday (May 15) that they will distribute $5 billion to the former cryptocurrency exchange’s eligible creditors on May 30. Get the...

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Dick’s Sporting Goods to Acquire Foot Locker and Expand Internationally
Dick’s Sporting Goods to Acquire Foot Locker and Expand Internationally
May 15, 2025  |  Acquisitions

Dick’s Sporting Goods plans to acquire Foot Locker and position the combined organization to serve sports retail consumers around the world. Get the Full Story Complete...

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Report: Meta Delays Rollout of Behemoth AI Model Amid Performance Concerns
Report: Meta Delays Rollout of Behemoth AI Model Amid Performance Concerns
May 15, 2025  |  Artificial Intelligence

Meta reportedly delayed the rollout of its flagship artificial intelligence model called Behemoth. Get the Full Story Complete the form to unlock this article and...

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FinTech Partnerships Look to Crack Stablecoin On- and Off-Ramp Challenges
FinTech Partnerships Look to Crack Stablecoin On- and Off-Ramp Challenges
May 15, 2025  |  Cryptocurrency

Solutions in search of problems tend to get nowhere. Stablecoins, which have the potential to become widely used for payments, are trying to avoid that...

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Coinbase Says SEC Investigating Its Past Reporting of User Metrics
Coinbase Says SEC Investigating Its Past Reporting of User Metrics
May 15, 2025  |  Cryptocurrency

Coinbase Global reportedly said Thursday (May 15) that it is cooperating with the Securities and Exchange Commission (SEC) on the agency’s investigation into how the cryptocurrency exchange...

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Allpay Says AI Transformation Boosts Productivity, Software Releases
Allpay Says AI Transformation Boosts Productivity, Software Releases
May 15, 2025  |  artificial intelligence

U.K. payments company allpay is using artificial intelligence (AI) and cloud intelligence to position it well for future growth. Get the Full Story Complete the...

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