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Digital asset platform OSL Group secured $300 million in an equity financing round to accelerate its global expansion.
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The Hong Kong-based, listed and licensed company said in a Friday (July 25) press release that it will use the new capital to expand globally through potential licensing, acquisitions, partnerships and transactions; develop new payments and stablecoin...
You get what you pay for.
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In luxury real estate, that might just mean getting a mansion in exchange for cryptocurrency.
Christie’s International Real Estate established a dedicated crypto transactions division, becoming the first major luxury brokerage to support fully crypto-native property deals without fiat conversion or reliance on traditional banks, The New York...
Banks are reportedly increasing their efforts to promote credit cards to higher-income consumers while raising the qualification requirements for lower-income ones.
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Overall, the number of new credit card openings dropped for the first time in more than a year in the second quarter, The Wall Street Journal (WSJ) reported Friday (July 25).
Compared to the same quarter a...
First responders are using artificial intelligence (AI) to find drowning victims of the deadly Texas floods that thus far have claimed the lives of 136 adults and children, many of whom were in summer camp when disaster struck.
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Divers are using VodaSafe’s AquaEye, a handheld AI-powered sonar device, to look for victims across nearly 100 miles of murky water.
It can be...
A viral cash-out scam linked to TikTok has drained $17 million from New York ATMs in under three days, exploiting city-issued youth jobs program cards, according to The New York Times.
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New York’s Department of Youth and Community Development, which oversees the city’s Summer Youth Employment Program (SYEP), reported that payment cards for approximately 30,000 unbanked...
Watch more: Building the Autonomous Global Trade Network: The Future of Connected Procurement
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Global supply chains are more volatile than ever, forcing enterprise leaders to rethink procurement from the ground up.
At the center of this rethink is automation and artificial intelligence (AI), which together signal a shift for how B2B trade, procurement and supply chains...
Buy now, pay later (BNPL) options have become deeply embedded in the financial lives of consumers in the United States, influencing everything from daily grocery runs to major appliance purchases.
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The PYMNTS Intelligence report “Decoding BNPL Users: Necessity, Convenience and Risk Signals” examines the evolving payment ecosystem by analyzing consumer behavior and...
Instant payments are set to disrupt B2B transactions as businesses adapt around their speed, WEX President of Corporate Payments Eric Frankovic writes in the new PYMNTS eBook, “Halftime 2025: Charting the Future of Payments.”
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The second half of 2025 will challenge the payments industry to meet expectations that were once considered futuristic — speed, transparency and...
Earnings season has yet to be fully felt in the FinTech IPO Index’s realm, and in fact several of the news items through the week, alongside press releases, were focused on actual earnings release dates stretching out toward the end of the month and into August.
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The FinTech IPO Index rose 2%, tied mainly to partnerships, as platforms and new product announcements were...
To say that Synchrony Financial double-clicked on new partnerships and BNPL in its earnings call Tuesday (July 22) is an understatement. Because in fact, it triple-clicked. And according to Synchrony CFO Brian Wenzel, that new focus on new payment products and features is part of a “full spectrum” approach to payments as well as the U.S. consumer that will drive revenue and attract new customers...