The Business & Technology Network
Helping Business Interpret and Use Technology
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Watch more: What’s Next in Payments With i2c’s Matthew Pearce Fraud is no longer limited to stolen credentials or isolated account takeovers. It’s now shaped and aided by systems that can replicate human behavior, forcing financial institutions to reconsider how identity is established and trusted across digital channels. In a recent “What’s Next in Payments” discussion, Matthew Pearce...
Consumer credit has so far been shaped and defined by a single product. The revolving credit card. But the revolving credit card’s fundamental architecture, built for a world where credit lines were static and repayment schedules predictable, is now colliding with a new consumer reality. Findings in the March 2026 edition of the Payments Innovation Tracker® Series, a PYMNTS...
Financial stress is pushing more consumers toward digital wallets, and the shift may say less about tech adoption than about how shoppers are trying to stay organized when every dollar matters. That is one of the clearest takeaways from “The New Checkout: Crimped Consumers Lean Into Online Retail and Digital Wallets,” a recent PYMNTS Intelligence report based on a survey of 2,108 U.S....
Watch more: What’s Next in Payments With Visa’s James Mirfin There’s an innovation race growing over digital identity. On one hand are banks and merchants that have traditionally been reliant on tools like passwords, one-time passcodes, biometric selfies and voice checks to power online authentication. On the other are fraudsters using artificial intelligence (AI) to replicate those...
Arizona’s filing of criminal charges against Kalshi could mark a new strategy in states’ legal battles with prediction markets, Bloomberg reported Wednesday (March 18). Daniel Wallach, founder of Wallach Legal, told Bloomberg that Arizona’s strategy could enable the state to shut down Kalshi’s operations rather than imposing fines. “It may reflect a fine-tuning of states’ strategies on...
Cryptocurrency exchange Coinbase is looking to build the infrastructure for artificial intelligence agent payments at a time when its core business is being impacted by the crypto market downturn, The Information reported Wednesday (March 18). Shan Aggarwal, chief business officer at Coinbase, said of the firm’s agentic payments projects: “It’s certainly one of our top priorities as a...
Stone Ridge Asset Management told clients in one of its funds last week that it would pay investors only 11% of the amount they requested to cash out because recent redemption requests were so high, the Wall Street Journal reported Wednesday (March 18), citing an investor update. The Stone Ridge Alternative Lending Risk Premium Fund holds consumer and small business loans made by ...
Macy’s returned to positive comparable sales in fiscal 2025, marking what the company called an inflection point after years of contraction. The earnings result reflects not just improved merchandising but a structural shift in how the company is using customer data, store formats and digital channels together. The company’s bold new chapter strategy, now in its second year, has moved...
Walmart has secured U.S. patents for two systems that would use machine learning to inform the company’s pricing, the Financial Times reported Wednesday (March 18). One patent is for a “system and method for dynamically and automatically updating item prices” for markdowns in its eCommerce unit, while the other is for using machine learning to predict demand and recommend prices,...
Bank of America is offering clients a basket of 17 European financial stocks that allows them to bet against companies the bank said are among the “most exposed to private credit shocks,” the Financial Times reported Wednesday (March 18). The bank told clients that these stocks had 30% “downside risk” compared with their U.S. peers because their shares have not fallen as much,...