September, 2024

Analysts remain divided on Q4 outlook despite Bitcoin rally following rate cuts
Bitcoin (BTC) is up 5.4% over the past seven days, fueled by the US Federal Reserve’s 50 basis point interest rate cut. However, industry analysts are still divided on the direction Bitcoin will tak...

PayPal’s PYUSD stablecoin shrinks 30% in a month as DeFi yields on Solana plummet
PayPal’s stablecoin PYUSD lost nearly 30% of its market cap over the last 30 days, sliding from over $1 billion to $712 million as of Sept. 25, according to on-chain data. The decline was primarily ...

Zuckerberg Tries On Meta’s Wearable Tech Plans for the Connected Economy
On Wednesday (Sept. 25), the first of Meta’s two-day Meta Connect 2024 conference, Meta CEO Mark Zuckerberg unveiled an ambitious vision for the future of wearable technology. The event showcased si...

PayPal Business Account Holders Can Buy, Hold, Sell Crypto
PayPal Holdings now enables U.S. merchants — except those in New York State — to buy, hold and sell cryptocurrency directly from their PayPal business accounts. The company also now enables PayPal...

Secure or Be Scammed: Business Identity Innovations Drive Ecosystem Growth
How well do you know the organizations your business transacts with? And how well do they know your business? As the digital transformation accelerates, and businesses are confronted with escalating ...

Soaring Food and Housing Costs Strain Lower-Income Households
The latest data from the Bureau of Labor Statistics on Consumer Expenditures underscores what PYMNTS Intelligence has found for months: Food and shelter, among the most essential of all spending categ...

OpenAI Chief Technology Officer Mira Murati to Leave Company
OpenAI Chief Technology Officer Mira Murati said Wednesday (Sept. 25) that she is leaving the company after 6½ years. “I’m stepping away because I want to create the time and space to do my own e...

US Moves to Secure Connected Car Economy by Banning Foreign Technologies
The U.S. government’s proposed ban on connected vehicle technology from China and Russia marks a significant shift in the approach to national security and cybersecurity within the automotive sector...

How Meta’s AI Advancements May Impact Social Commerce
Meta’s latest AI upgrades, unveiled at its annual Connect conference, could change online shopping through voice-activated assistants and image-recognition technology on social media platforms. The ...

IWallet Enables Small Businesses to Use Zelle for Invoicing
FinTech startup iWallet now enables small- to medium-sized businesses (SMBs) to use Zelle for invoicing. While Zelle is often considered a tool for peer-to-peer transactions, iWallet developed a notif...

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September, 2024

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