September, 2024

Odds of 50bps Fed rate cut surge as Bitcoin remains stable at $58k
Odds of a 50 basis point rate cut at the Federal Reserve’s upcoming Sept. 18 meeting have surged from 14% to 41%, according to recent market data. This shift coincides with significant stock market ...

OpenAI launches next gen LLM model o1 using reasoning tokens to plan outputs
OpenAI has released a new series of AI models called OpenAI o1, designed to enhance reasoning capabilities for solving complex problems. The o1-preview and o1-mini models aim to spend more time thinki...

Crypto Trader Says Ethereum-Based Altcoin Undeniably Very Strong, Updates Outlook on Solana, BNB and Sui
A widely followed analyst and trader is leaning bullish on an altcoin in the Ethereum (ETH) ecosystem while updating his outlook on three crypto assets. The trader pseudonymously known as Sherpa tells...

Bitcoin Primed for a Push to Fresh All-Time High if This Happens, According to Crypto Analyst Jason Pizzino
Cryptocurrency analyst and investor Jason Pizzino is highlighting a critical resistance level that Bitcoin (BTC) needs to overcome to potentially kick off a rally. Pizzino tells his 333,000 YouTube su...

Mastercard Enhances Real-Time Threat Visibility With Recorded Future Purchase
Looking to expand security and threat intelligence beyond a completed transaction, Mastercard on Thursday (Sept. 12) announced it is acquiring Recorded Future for $2.7 billion. At a high level, Record...

Embedded Finance Keep Firms Agile in Emerging Verticals
Prioritizing adaptability, innovation and customer relationships will enable firms to navigate an unpredictable landscape, Thredd Chief Product Officer Ava Kelly writes in a new PYMNTS eBook, “Beyon...

Walmart Hopes In-Person Advantage Can Shrink Amazon’s Fashion Lead
As Amazon outstrips Walmart in clothing sales, the latter is using its brick-and-mortar expertise in an attempt to close the gap. The big-box retailer announced Friday (Sept. 6) the launch of its Walm...

FinTech IPO Index Breaks Even Despite Volatile Trading Week
Economic data remained the key driving force behind stocks this past week, and the FinTech IPO Index was no exception. But despite volatile trading action throughout the group, the Index was flat, up ...

Rewards Network CEO Focuses On Filling Empty Seats at ‘Neighborhood Gems’
Delivery services saved restaurants during the pandemic, and it’s a habit that has proven its staying power as seen in the continued success of Instacart, Door Dash, Uber Eats and a host of local op...

85% Of Gen Z Prefers Digital Payments to Cash
The financial sector is at a pivotal moment, driven by a shift in consumer preferences and technological advancements. A PYMNTS Intelligence report “Tapping Into the Future of Payments” explored h...

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September, 2024

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