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Apple is reportedly working on bringing Apple Pay to India sometime this year.
That’s according to a report Wednesday (Jan. 21) from the website Moneycontrol, citing sources familiar with the matter.
They say the tech giant is holding talks with card networks including Mastercard and Visa, while also working on landing regulatory approval. Assuming those approvals and commercial...
Tokenization is emerging beyond the confines of pilot programs.
At the World Economic Forum in Davos, Switzerland, Wednesday (Jan. 21), panelists signaled that real-world financial use cases are beginning to take hold, particularly in payments and settlement.
While artificial intelligence has dominated headlines, the discussion, “Is Tokenization the Future?,” made clear that...
When Shopify enables sales through artificial intelligence (AI) chatbots later this month, the merchants using its platform will pay OpenAI a 4% fee on sales made through the ChatGPT checkout, on top of the fees charged by Shopify, The Information reported Wednesday, citing a Shopify spokesperson.
Sales made through the chatbot checkouts offered by Google’s AI Mode and Gemini and...
Saudi Arabia’s National Infrastructure Fund (Infra) and the kingdom’s global artificial intelligence (AI) company Humain announced a $1.2 billion strategic financing framework agreement to expand AI and digital infrastructure projects in Saudi Arabia.
The framework agreement includes nonbinding financing terms of Humain’s development of as much as 250 megawatts of hyperscale AI data...
Regions Bank has launched a partnership with payments technology company Worldpay.
The collaboration, announced Wednesday (Jan. 21), is designed to improve how the bank’s business clients accept payments and manage cash flow operations.
“Accepting payments allows Regions’ business clients to sell in-store, online, and anywhere in between with an array of payment options,” the bank said...
Payments infrastructure provider Acquired.com has launched a partnership with Visa in the U.K.
The collaboration, announced Wednesday (Jan. 21), is designed to bring to market Visa A2A, an account-to-account (A2) payment solution, for recurring and variable payments.
“Recurring payments underpin lending, insurance, utilities, and collections; but while direct debit is low-cost, it’s...
Amazon has launched an artificial intelligence (AI) assistant for its One Medical app.
The agentic AI tool, announced Wednesday (Jan. 21), is designed to help with things like answering health questions, scheduling appointments and managing medications.
“The U.S. health care experience is fragmented, with each provider seeing only parts of your health puzzle,” said Neil Lindsay, senior...
President Donald Trump’s wide-ranging address at the World Economic Forum in Davos on Wednesday (Jan. 21) drew headlines for its geopolitical content but was also notable for its coverage of key domestic economic themes.
Embedded in the speech were repeated references to the U.S. economy and the pressures facing American households. In remarks spanning inflation, credit cards,...
The information economy has found its version of a casino with prediction markets.
In today’s era of uncertainty, geopolitical instability, rapid technological change and other destabilizing macro forces, the ability to aggregate and price collective belief is being positioned as one of providing tangible value in the real-world by purpose-built platforms like Polymarket and Kalshi, as...
Royal Bank of Canada and some other banks reportedly launched a loan tied to the takeover of TreeHouse Foods, which supplies Walmart private-label food and beverages, by Investindustrial.
The financing package is a seven-year, $1.25 billion term loan tied to the deal and includes $550 million of other secured debt, Bloomberg reported Wednesday (Jan. 21).
Leveraged buyout financings...