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At the World Economic Forum in Davos, global banking chiefs, FinTech leaders and regulators converged on a shared reality: AI is reshaping finance faster than institutions can adapt alone.
The path forward depends on trust, collaboration and regulation that enables innovation without weakening resilience.
The Tuesday (Jan. 20) Davos panel, titled “Banking Accelerated,” brought together...
The U.S. Postal Service (USPS) is now taking bids for access to its last‑mile delivery network.
The federal mail carrier service announced Tuesday (Jan. 20) that it had launched an online bidding website to accept proposals for entry to the delivery network. Upwards of 18,000 postal destination delivery units (DDUs) and local processing centers around the country are now open to a...
Stripe has no immediate plans to go public, co-founder John Collison told Bloomberg News Tuesday (Jan. 20) in an interview at the World Economic Forum in Davos.
“We’re still not in any rush,” he said, per the report. “It’s very early for us where, genuinely, it’s the fastest-moving time in our industry since we started Stripe.”
Stripe was valued at $106.7 billion in September, up from...
U.S. Bancorp said Tuesday (Jan. 20) that its payments transformation contributed to its achievement of record net revenue of about $7.4 billion during the fourth quarter.
This payments transformation was one of the bank’s three strategic priorities in 2025, along with organic growth and expense management, according to a presentation released in conjunction with its fourth-quarter...
Google has reportedly seen a surge in sales of its Gemini artificial intelligence (AI) models.
This uptick indicates an improvement in the quality of those models, according to Seeking Alpha, which itself cited a paywalled report by The Information Tuesday (Jan. 20).
This could add more revenue from Google Cloud’s core business of server sales, as the money customers shell out for AI...
Artificial intelligence (AI) could create a never-before-seen scenario in which both GDP growth and the unemployment rate are very high, creating greater inequality, Anthropic CEO Dario Amodei said Tuesday (Jan. 20).
Interviewed by the Wall Street Journal at the World Economic Forum in Davos, Switzerland, Amodei said that these trends are “the signature of this technology.”
“Now, that’...
Amazon’s CEO says White House tariffs have begun showing up in the price of some goods.
The tech giant and many of its third-party sellers bought products ahead of time to fend off tariff-related price hikes, though most of that inventory has since run out, Andy Jassy told CNBC in an interview at the World Economic Forum meeting in Davos, Switzerland on Tuesday (Jan. 20).
“So you start...
For millions of people paid in digital dollar stablecoins, the hardest part isn’t getting the money. It’s using it.
When a freelance designer in Buenos Aires invoices a U.S. client in stablecoins, or when a Nigerian importer settles a cross-border supplier payment in digital dollars, the transaction can feel close to miraculous. Funds arrive in minutes, not days. Fees are measured in...
B2B payments platform TreviPay has debuted its “Pay by Invoice” tool for Visa-issuing banks.
The new offering, announced Tuesday (Jan. 20), is designed to help issuers garner a larger share of the $58 trillion North American B2B payments space.
“For years, banks have been looking for a scalable way to capture the significant share of B2B payments still happening off-card,” said Brandon...
Cross-border payments platform Wise saw growth across its business as it diversified its income, continued building its infrastructure and prepared for a dual listing that will include the United States as well as the United Kingdom.
During the third quarter of its fiscal year 2026, Wise saw year-over-year increases of 25% in gross cross-border volume, which reached 47.4 billion pounds...