The Business & Technology Network
Helping Business Interpret and Use Technology
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The United Kingdom’s Financial Conduct Authority (FCA) plans to encourage innovation in payments this year by supporting the expansion of open banking, modernizing payments regulation, and exploring stablecoins and other tokenized payment instruments. “We expect the payments sector to continue developing, driven by innovations that have the potential to boost growth and competition,”...
Uber is teaming with autonomous mobility companies Pony.ai and Verne to launch Europe’s first commercial robotaxi service. The project is slated to get underway soon in the Croatian capital of Zagreb soon, with initial development work already happening, Pony.ai announced Thursday (March 26). “The three companies plan to collaborate on the deployment of a commercial robotaxi service,...
The collapse of default trust on the internet is becoming operational, measurable, and increasingly expensive. Businesses have the rise of artificial intelligence (AI) to thank for that. But for mid-market and B2B firms that spent the last decade digitizing workflows, onboarding customers and building confidence in self-service channels, the timing could not be worse. Just as digital...
Coinbase and Better have partnered to enable borrowers to pledge their bitcoin or USDC holdings as collateral for a loan used to cover the down payment on a house. With a crypto-backed mortgage originated and serviced by Better, borrowers get a standard Fannie Mae mortgage on the home as well as a second loan that is secured by cryptocurrency and funds the cash down payment, Coinbase...
As March Madness draws millions of viewers to screens across the U.S., artificial intelligence is quietly reshaping how college sports operate, from game strategy to recruiting and the economics of athlete endorsements. What plays out on the court is increasingly influenced by systems that analyze, predict and optimize decisions long before tipoff. The shift from intuition-driven...
X has hired a new design lead with a background in the cryptocurrency space. Benji Taylor, formerly head of design at Coinbase’s Base blockchain network, announced his new role in a social media post Wednesday (March 25). His hiring was flagged in a report by Coindesk, which notes that this adds someone with crypto experience to the company as X continues its push into the payments...
The modern consumer economy increasingly runs on autopay. From streaming services and cloud storage to artificial intelligence tools and fitness apps, subscriptions have become ubiquitous in the background of everyday financial life. And as the global total races toward a projected 12 billion subscriptions by 2030, the friction isn’t just financial; it’s becoming cognitive. Consumers...
Watch more: Virtual Roundtable With Trulioo’s Kiran Kumar and Mastercard’s Kurt Weiss Trust in both financial services and public consciousness has traditionally been treated as a checkpoint. A customer opened an account, submitted documents, cleared know-your-customer (KYC) reviews and, in effect, crossed the threshold. Once inside, they were largely treated as trusted unless...
Agentic commerce has been framed as the payment industry’s next leap forward. But the central insight emerging from “How Acquirers Prepare for Agentic Commerce,” a new PYMNTS Intelligence report commissioned by Visa Acceptance Solutions, reveals that agentic commerce is not a new stack. Rather, it represents a new channel running on an existing one. That distinction matters because it...
Small businesses may be sending a clear signal to card issuers: stop selling access and start selling usefulness. A new PYMNTS Intelligence report suggests many small- to medium-sized businesses (SMBs) already feel confident they can get credit. What they want now are cards that work harder for the way they actually run their businesses. That is one of the more striking takeaways from ...