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An organization representing the world’s largest stock exchanges is calling for a regulatory crackdown on tokenized stocks.
The World Federation of Exchanges (WFE), a United Kingdom-based industry association for exchanges and clearinghouses, said blockchain-based tokens pose an additional risk to investors and could compromise the integrity of the market, Reuters reported Monday (Aug...
Artificial intelligence startup Perplexity has announced a new subscription program called Comet Plus that it said gives users access to premium content from trusted publishers and journalists, while providing publishers with a better compensation model.
“Comet Plus transforms how publishers are compensated in the AI age,” the company said in a Monday (Aug. 25) blog post. “As users...
A trio of digital assets firms is reportedly seeking $1 billion to accumulate Solana.
Galaxy Digital, Multicoin Capital and Jump Crypto are in discussions with potential investors on the effort, which would create the largest treasury centered around the Solana token, Bloomberg reported Monday (Aug. 25), citing unnamed sources.
A deal would join three major players in the crypto sector...
Banks are reportedly campaigning to close what they call a loophole in newly adopted stablecoin legislation.
Industry groups such as the American Bankers Association, the Bank Policy Institute and the Consumer Bankers Association are warning that the legislation contains language that will allow some cryptocurrency exchanges indirectly pay interest to stablecoin holders, the Financial...
Meta reportedly plans to introduce its new smart glasses at next month’s “Connect” conference.
Those glasses, Meta’s first to feature a consumer-ready display, will be announced at the annual conference along with a wristband that lets users control the glasses via hand gestures, CNBC reported Friday (Aug. 22), citing sources familiar with the matter.
The glasses, codenamed “Hypernova...
Watch more: Fueling Payments Innovation with Traditional and Alternative Data Power
In the payments industry, data isn’t just a tool; it’s the bloodstream of operations.
From credit risk models to customer loyalty programs, the accuracy and accessibility of data shape decisions and give rise to financial ecosystems. Yet the very foundation of that information is under strain....
For several years, small- to medium-sized businesses (SMBs) in the United States have lived under a cloud of uncertainty.
From pandemic shutdowns to runaway inflation and supply chain chaos, the expectation has been that Main Street could crack under the weight of global pressures. Now, with tariffs reshaping the cost structure of imported goods, many analysts have assumed the smallest...
Buying furniture online these days is about as easy as hauling a sofa up a flight of stairs. Consumers browse multiple tabs, track shipping timelines in spreadsheets and screenshot products to consult with partners before finally making a purchase.
That’s if they make one at all. Awaiting the more determined shopper is the task of navigating a maze of sites, carts and checkout forms. ...
Traditional credit cards are facing pressure in the battle for consumer spending power. While general-purpose cards remain the workhorse of American credit, their use for installment payments is growing far more slowly than private-label store cards — a shift driven, as PYMNTS Intelligence has found, largely by younger consumers who prefer predictable, interest-free options over revolving debt...
This week, the app provider rankings explore crypto wallets. As usual, we found some surprises among the top movers in the recent rankings. But before introducing you to Strike and Uphold, a little background is in order.
A cryptocurrency app wallet is like a digital keychain for your money on the blockchain. Instead of holding cash or cards, it stores the “keys” you need to send,...