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Instacart CEO Fidji Simo sees OpenAI growing its business more than 100-fold as the synergy among its different lines of business — foundational artificial intelligence (AI) models, applications and AI devices — supercharges the company in the coming years.
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Speaking at the VivaTech 2025 conference in Paris — her first public interview since being named OpenAI’s CEO of...
Walmart and Amazon are actively exploring the issuance of their own stablecoins, a move that could upend the traditional payments ecosystem and potentially save these retail giants billions in transaction fees, according to a report from The Wall Street Journal. Sources familiar with the matter indicate that other large multinationals, including Expedia Group and major airlines, are also...
Payment processing may be the plumbing of modern commerce, but for banks and FinTechs chasing transaction volume, it is also the battlefield where customer loyalty is won — or lost. In an era when merchants expect instant onboarding, bulletproof security and actionable data, the bar for processors keeps rising.
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Lori Jones, vice president of product management and...
Recent debuts on the public markets have added to the FinTech IPO Index’s roster.
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Chime listed on Thursday, and shares soared 38% in the first day of trading.
Circle has gained more than 28% in the past five trading days.
As reported here, blockchain firm Ripple launched a partnership with Circle. The collaboration brings Circle’s USDC stablecoin to Ripple’s XRP Ledger...
Digital identity has always been a thorny challenge.
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However, in today’s world, the enigma of who is who when it comes to security-critical operations like commerce, banking and payments, has grown more complex and the challenges arguably more unimaginable.
The problem is the greatest threat to digital identity is being driven not from human fraudsters, but from bots.
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The roar of the crowd. The hum of a busy airport terminal. The gentle sway of a cruise ship. These environments, as varied as they are, now share a common thread: a new wave of smart point-of-sale (POS) technologies transforming how consumers pay, engage and experience.
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Mobile-first POS systems, self-service kiosks, digital wallets and frictionless checkout innovations...
In a digitized financial landscape, traditional banks are facing an imperative to transform their payment infrastructures, driven by customer expectations and competition from digital-first challengers.
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The PYMNTS Intelligence report “Payment Hubs Fuel Digital Modernization for Banks,” a collaboration with FIS, revealed that for today’s consumers and businesses, fast,...
Apple reportedly aims to bring an artificial intelligence (AI)-powered upgrade of its Siri voice assistant to market in spring 2026, after facing delays and failing to meet its original goal of fall 2024.
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The new Siri features could be previewed in the fall before being released in the spring, Bloomberg reported Thursday (June 12), citing unnamed sources.
When asked by...
Shopify has begun rolling out a feature that enables merchants to accept USDC stablecoins within their existing payment and order fulfillment flows.
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This new capability will make it easier for merchants to tap into global markets, as they will be able to “sell to a customer on the other side of the world as easily as their next-door neighbor,” the company said in a...
Coinbase said Thursday (June 12) that it will launch a credit card for members of its Coinbase One subscription program in the U.S. this fall.
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The Coinbase One Card will be powered by the American Express Network and will allow members to earn between 2% and 4% bitcoin back on every purchase, depending on the amount of assets they hold on the Coinbase platform, Coinbase...