The Business & Technology Network
Helping Business Interpret and Use Technology
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Watch more: Latin America’s Digital Wallet Surge Forces Banks to Expand Financial Inclusion [contact-form-7] Latin America, long perceived as a region where cash was king and financial innovation moved at a deliberate and even slow pace, is now at the forefront of a profound digital transformation. Joint research from Galileo Financial Technologies and PYMNTS reveals a striking shift,...
Watch more: Local Payment Methods Key to Winning Share Across European Markets [contact-form-7] For eCommerce firms, the European Union can present a tantalizing opportunity and a logistical labyrinth. With 27 member states, 24 official languages, a range of economic profiles and unique consumer behaviors, the EU marketplace does its best to resist definition. “Europe is the eternal...
It’s an austere landscape of sand, mountains and water. It’s also a cradle of wealth and modern architecture. But that’s not the only striking contrast about Saudi Arabia. On the one hand, the kingdom’s shoppers are the world’s leader when it comes to browsing and buying using a mobile device, usually a smartphone, according to a forthcoming PYMNTS Intelligence report in collaboration with Visa...
The way people use technology is changing, creating a complex situation for banks and retailers. [contact-form-7] Even though more devices are connected, many people are happy with the basic technology they have. This contentment affects how they prefer to pay and how they interact with digital services. The PYMNTS Intelligence report “How People Pay: Consumer Preference for Connected...
America’s often-overlooked engine of commerce, the middle-market business landscape, is shifting its innovation experiments down the priority list. [contact-form-7] The biggest reason? Trade policies, geopolitical scuffles and economic volatility are, and have been for months, hammering mid-market firms’ supply chains and margins, leaving little room for anything but a dedication to...
B2B companies want a simple, secure, consumer-like digital payments experience, Greg Castro, president of PayTrace by North, writes in a new PYMNTS eBook, “Halftime 2025: Charting the Future of Payments.” [contact-form-7]   PayTrace recently celebrated 20 years in business. As part of North, we serve B2B companies, expanding the ways payments work for them. Mid-2025, we are excited to...
Securities regulators have reportedly sped up the timeline for financial institutions seeking to issue exchange-traded funds invested in the Solana blockchain platform. [contact-form-7] These firms have until July 31 to refile their applications, according to a CoinDesk report on Monday (July 7), which cited unidentified sources. The report said that the move by the Securities and...
Robinhood, a financial brokerage and cryptocurrency exchange, is under scrutiny in the EU for offering tokenized equities of OpenAI after the artificial intelligence (AI) startup disavowed any ties to these assets. [contact-form-7] The central bank of Lithuania, which is Robinhood’s main regulator in the EU, emailed CNBC on Monday (July 7) that it has asked the brokerage to clarify the...
American Airlines is deepening its deployment of artificial intelligence (AI) to make the travel experience more comfortable for its passengers — including predicting if they’ll miss a flight and waiting for them. [contact-form-7] In a recent company podcast, Chief Digital and Information Officer Ganesh Jayaram described the airline’s use of AI to transform both its consumer self-...
Jack Dorsey, Twitter’s co-founder and the chief executive of Block, on Monday (July 7) introduced Bitchat, an experimental messaging service that lets smartphones trade encrypted texts over Bluetooth rather than the internet. [contact-form-7] The app, now in beta on Apple’s TestFlight, links nearby phones into a mesh network that relays messages from device to device, allowing...