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Watch more: Cowboys Go Crypto as Wyoming’s Stablecoin Merges Usability With Programmability
When the state of Wyoming announced the Frontier Stable Token (FRNT), it did more than introduce a new financial product. It may have cracked open a door into the next era of money itself.
The initiative marks the first government-issued, fully reserved stablecoin in the United States, a move...
Watch more: Need to Know
If businesses can’t see their cash, they might as well not have any.
That’s especially true against today’s volatile global backdrop, where multinational companies are rethinking how they move money across borders.
“One thing that all treasury organizations are looking for is visibility into their global activity,” Sebastian Sintes, director of transactional FX...
Payment names led to the downside this past week, shortened by the Labor Day holiday, as the CE 100 Index gave up 0.2%. Six of the 11 pillars were lower, led by the Pay and Be Paid segment, offset a bit by Alphabet’s jump in the wake of news that Google has skirted a breakup on antitrust grounds.
The Pay and be Paid pillar slipped 2.5%, led by Sezzle, which gave up about 9.3%,...
Watch more: Monday Conversation
The sea has always been central to global power, shaping both trade and security. Today, with China’s shipbuilding capacity outpacing that of the United States and asymmetric threats like drones and anti-ship missiles rising, the Navy faces a stark dilemma: how to project strength without placing $2 billion destroyers in harm’s way.
Into that challenge...
Consumers may be spending more of their retail dollars online, but the single biggest draw to brick-and-mortar stores isn’t groceries, clothes or electronics. It’s lipstick and lotion.
That’s one of the unexpected findings in PYMNTS Intelligence’s “How People Pay Report: Health and Beauty Products Draw Retail Shoppers Into Brick-and-Mortar Stores.” Based on a December survey of 2,628...
Anthropic will reportedly pay $1.5 billion to settle a high-profile copyright violation lawsuit.
The artificial intelligence (AI) startup was sued last year by a group of authors who accused the company of illegally accessing their books.
Under the terms of this settlement, Anthropic will pay around $3,000 per book as well as interest, and will also destroy the datasets that contain...
Spending by America’s Hispanic consumers is reportedly slowing amid tariff and immigration-related concerns.
Consumption among these families barely increased during the year through June, Bloomberg News reported Saturday (Sept. 6), citing data from research firm Numerator. Spending among white and Black households was up, though it grew at a slower rate compared to last year.
The...
Do you share your Amazon Prime free shipping perk with a friend or loved one?
The days of doing so are coming to an end. As The Wall Street Journal (WSJ) reported Sunday (Sept. 7), Amazon is shutting down that sharing program on Oct. 1, in hopes of recruiting new Prime members.
According to the report, Amazon will begin offering former members of its Prime Invitee program full Prime...
OpenAI has reportedly told shareholders it expects a steep jump in spending through 2029.
The artificial intelligence (AI) startup is now forecasting that it will burn through $115 billion over the next four years, nearly $80 billion more than it had previously projected, The Information reported Friday (Sept. 5).
The report noted that this “unprecedented” spending projection, adding...
Robinhood Markets has replaced Caesars Entertainment on the S...