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Alibaba Says It Has Broken Even on AI Spending in Retail Operations  
Alibaba Says It Has Broken Even on AI Spending in Retail Operations  
October 16, 2025  |  artificial intelligence

Alibaba Group said its artificial intelligence (AI) spending in core eCommerce operations is already breaking even, marking a rare point of measurable return in large-scale...

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Equifax Launches Ignite AI Advisor to Help Lenders Make Data-Driven Decisions
Equifax Launches Ignite AI Advisor to Help Lenders Make Data-Driven Decisions
October 16, 2025  |  artificial intelligence

Equifax on Thursday (Oct. 16) launched Equifax Ignite AI Advisor, a generative AI solution that helps lenders analyze portfolio performance, identify growth opportunities, and improve...

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Walmart Says US Manufacturing Keeps Supply Chain ‘Flexible and Dynamic’
Walmart Says US Manufacturing Keeps Supply Chain ‘Flexible and Dynamic’
October 16, 2025  |  Walmart

Walmart reportedly plans to boost its investment in U.S. manufacturing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Banks Prepare to Sell Debt Associated With Apax Acquisition of Finastra Unit
Banks Prepare to Sell Debt Associated With Apax Acquisition of Finastra Unit
October 16, 2025  |  Acquisitions

Banks are reportedly preparing to sell $1.2 billion of debt associated with Apax Partners’ acquisition of Finastra’s treasury and capital markets business. Get the Full...

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BNY Accelerates Deployment of AI Solutions and Agents
BNY Accelerates Deployment of AI Solutions and Agents
October 16, 2025  |  artificial intelligence

BNY increased the number of artificial intelligence (AI) solutions deployed throughout the company by 75% during the third quarter. Get the Full Story Complete the...

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Klarna Shakes Up UK Payments With Debit Card and Digital Wallet
Klarna Shakes Up UK Payments With Debit Card and Digital Wallet
October 16, 2025  |  Mobile Wallets

Digital bank and flexible payments provider Klarna debuted its debit card and digital wallet in the United Kingdom, according to a Thursday (Oct. 16) press...

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Ripple Acquires Treasury Management Systems Supplier GTreasury for $1 Billion
Ripple Acquires Treasury Management Systems Supplier GTreasury for $1 Billion
October 16, 2025  |  Acquisitions

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...

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TCH’s Real-Time Payments Network Sets Record With 1.8 Million Daily Transactions
TCH’s Real-Time Payments Network Sets Record With 1.8 Million Daily Transactions
October 16, 2025  |  Real-Time Payments

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,...

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Paxos Accidentally Mints $300 Trillion ‘Excess’ PayPal Stablecoin
Paxos Accidentally Mints $300 Trillion ‘Excess’ PayPal Stablecoin
October 16, 2025  |  Cryptocurrency

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...

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