PYMNTS News

Price Hikes Trigger Smartphone Sales Slump

Price Hikes Trigger Smartphone Sales Slump
Price Hikes Trigger Smartphone Sales Slump
July 13, 2026  |  Economy

Global smartphone sales dropped to their lowest second-quarter level in 13 years as manufacturers passed on to consumers the rising cost of memory components, Counterpoint...

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Robinhood Weighs Its First Sale of Card Receivables-Backed Bond
Robinhood Weighs Its First Sale of Card Receivables-Backed Bond
July 13, 2026  |  Credit Cards

Robinhood Markets is weighing the sale of between $400 million and $500 million of asset-backed securities, including a bond backed by bills for its branded consumer...

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Apple Lawsuit Exposes Enterprise Data Risks During Employee Offboarding
Apple Lawsuit Exposes Enterprise Data Risks During Employee Offboarding
July 13, 2026  |  Apple

Apple’s lawsuit against OpenAI announced Friday (July 10) includes allegations that highlight the importance of protecting corporate data when employees leave, TechCrunch reported Monday (July 13). Get the Full...

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Apple Acquires Open-Source Observability Platform Developer SigScalr
Apple Acquires Open-Source Observability Platform Developer SigScalr
July 13, 2026  |  Apple

Apple acquired certain assets of SigScalr and hired certain SigScalr employees, according to a list of acquisitions maintained by the European Commission. Get the Full...

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Global Payments May Feel US CBDC Ban First
Global Payments May Feel US CBDC Ban First
July 13, 2026  |  Cryptocurrency

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...

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Restaurant Platforms Make Embedded Finance Part of Daily Operations
Restaurant Platforms Make Embedded Finance Part of Daily Operations
July 13, 2026  |  ResTech

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...

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Mizuho Details Rising Redemptions and New Stablecoin Rival Pressuring Circle
Mizuho Details Rising Redemptions and New Stablecoin Rival Pressuring Circle
July 13, 2026  |  Cryptocurrency

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...

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Tech Leaders and Economists Call for AI Guardrails to Protect Workers
Tech Leaders and Economists Call for AI Guardrails to Protect Workers
July 13, 2026  |  Artificial Intelligence

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...

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