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FinTech Ant International is weighing stablecoin license applications in several countries.
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Ant Global Manager of Platform Tech Kelvin Li said at a conference in Singapore Wednesday (July 9) that Ant — the overseas arm of Chinese tech conglomerate Ant Group — is “seriously considering” the effort, Reuters reported Wednesday.
“Firstly, we will not be focusing on crypto...
New Zealand wants to outlaw cryptocurrency ATMs and place limits on overseas cash transfers.
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Nicole McKee, the country’s associate justice minister, announced these plans Wednesday (July 9) as the government works on overhauling its anti-money laundering (AML) and countering terrorism financing (CFT) program.
“This government is serious about targeting criminals, not...
The high-stakes world of healthcare procurement is also a high-cost one.
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In just the past decade, manual processes, opaque supplier relationships and spreadsheet-based inventory tracking have gone from harmless inefficiencies across the healthcare procurement function to operational cost centers hamstringing strategic sourcing.
From artificial intelligence (AI)-...
A federal court has blocked the so-called “click to cancel” rule for subscription services.
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As The Guardian reports, the ruling Tuesday (July 8) by U.S. court of appeals for the eighth circuit came days before the Federal Trade Commission (FTC) rule — designed to make cancelling subscriptions as easy as signing up for them — would have gone into effect.
According to the...
Watch more: Banks Use FIS Payment Hubs to Navigate Complex Regulatory Changes
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Payment hubs are emerging as the linchpin for financial institutions striving for efficiency, security and superior customer experiences as money travels across the globe. ‘
“I like to think of them as ‘mission control’ for modern-day money movement,” Elaine Duff, senior vice president of...
When one thinks about hospitality innovation, it’s easy to picture smart rooms, contactless check‑in or artificial intelligence (AI)‑powered concierges.
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What often goes unnoticed is the labyrinth beneath the surface: invoice‑processing teams drowning in stacks of purchase orders, bills and receipts, resulting in an operational quagmire that hospitality chains, resorts...
It’s summertime, and that means sun, friends, backyards and cold beverages.
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It also means summer sales and yard games aimed squarely at those backyard and park hangouts.
Today’s eCommerce landscape is dominated by mass production and algorithmic marketing, but Matt Butler and Kelvin Sealy, co-founders of Tally Tumbler, told PYMNTS that unique insights can transform a...
Amid persistent financial anxieties affecting most Americans, a new report highlights that advanced budgeting tools offer an antidote to widespread financial stress, yet remain underused.
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According to the June installment of “New Reality Check: The Paycheck-to-Paycheck Report” from PYMNTS Intelligence, financial fragility remains a pervasive issue across the U.S....
Saudi Arabia is rapidly emerging as the world’s new benchmark in mobile-first shopping, driven by a surge of female shoppers and merchants eager to bridge the gap between physical and digital storefronts.
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The “2025 Global Digital Shopping Index: Saudi Arabia Edition,” a PYMNTS Intelligence and Visa Acceptance Solutions collaboration, reveals that Saudi consumers engage...
Gen Z is often typecast as a different species, a pervasively anxious one that never knew daily life without the internet, thrift shops, and consumes social media voraciously.
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But in many ways, these consumers, roughly 28 years old or younger, are just like the rest of us. Steeped in a digital-first mindset, they just have different tools and plans to get what most...