PYMNTS News

Crypto Exchange Bybit Reports Hack, Analysts Estimate $1.5 Billion Loss
Crypto Exchange Bybit Reports Hack, Analysts Estimate $1.5 Billion Loss
February 21, 2025  |  Cryptocurrency

Cryptocurrency exchange Bybit said Friday (Feb. 21) that a cyberattacker stole some of its holdings. Get the Full Story Complete the form to unlock this article and...

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Visa Sees $520 Billion Potential Annual Revenue Opportunity in Value-Added Services
Visa Sees $520 Billion Potential Annual Revenue Opportunity in Value-Added Services
February 21, 2025  |  VISA

Visa’s Value-Added Services (VAS) earned close to $9 billion in 2024 and has the potential to grow to $520 billion a year, the company told...

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Tariff Uncertainty May Cause Young, Wealthy Consumers to Curb Spending
Tariff Uncertainty May Cause Young, Wealthy Consumers to Curb Spending
February 21, 2025  |  Consumer Insights

Last quarter’s holiday shopping might have represented a burst of consumer optimism at the register that has now been dampened. Get the Full Story Complete...

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Carvana and CarGurus Leverage AI to Drive Digital Transformation in Car Sales
Carvana and CarGurus Leverage AI to Drive Digital Transformation in Car Sales
February 21, 2025  |  Earnings

Consumer preferences are moving toward digital experiences in the online car marketplace, and Carvana and CarGurus are leveraging technology and artificial intelligence (AI) to improve...

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This Week in AI: Microsoft Sees Quantum Breakthrough as Ai Pin Deflates
This Week in AI: Microsoft Sees Quantum Breakthrough as Ai Pin Deflates
February 21, 2025  |  artificial intelligence

If you’re interested in artificial intelligence (AI) news, here are the the latest in AI updates. Get the Full Story Complete the form to unlock...

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Report: European Commission Finds Google’s Search Result Changes Insufficient
Report: European Commission Finds Google’s Search Result Changes Insufficient
February 21, 2025  |  Regulation

The European Commission is reportedly set to charge Google with violating European Union rules. Get the Full Story Complete the form to unlock this article...

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UK Court Approves Settlement in Class Action Targeting Mastercard
UK Court Approves Settlement in Class Action Targeting Mastercard
February 21, 2025  |  Legal

A London court approved a settlement in a class action lawsuit brought against Mastercard over its swipe fees. Get the Full Story Complete the form...

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Consumer Sentiment Drops 9.8% Amid Fears of ‘Tariff-Induced Price Increases’
Consumer Sentiment Drops 9.8% Amid Fears of ‘Tariff-Induced Price Increases’
February 21, 2025  |  Economy

Concerns that tariffs will lead to higher prices drove a 9.8% decline in consumer sentiment in February, according to the University of Michigan’s Surveys of...

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Walmart and Amazon Expand AI Investments to Boost Efficiency
Walmart and Amazon Expand AI Investments to Boost Efficiency
February 21, 2025  |  retail

Walmart and Amazon are doubling down on AI investments to drive efficiency, enhance customer experiences and fuel business growth, with both companies making significant strides...

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