PYMNTS News

Coinbase Has Recently Held Talks to Buy FTX Europe: Fortune
Coinbase Has Recently Held Talks to Buy FTX Europe: Fortune
September 24, 2023  |  Cryptocurrency

American cryptocurrency giant Coinbase has reportedly weighed purchasing fellow exchange FTX’s European business. A report Friday (Sept. 22) by Fortune said the move is part of Coinbase’s efforts...

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Robots Replacing Human Security Guards Amid Worker Shortage
Robots Replacing Human Security Guards Amid Worker Shortage
September 24, 2023  |  artificial intelligence

Facing a dearth of workers, security firms are looking for robot replacements. As ADT’s Ed Bacco told the Financial Times (FT) in a report Sunday (Sept. 24), androids can help...

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Meta Hopes to Win Back Young Users With AI Chatbot
Meta Hopes to Win Back Young Users With AI Chatbot
September 24, 2023  |  artificial intelligence

Meta is reportedly counting on artificial intelligence (AI) to help it entice younger users. The social media giant could unveil new AI chatbots with distinct personalities...

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Singapore’s Banks Increase Customer Scrutiny After Money Laundering Scandal
Singapore’s Banks Increase Customer Scrutiny After Money Laundering Scandal
September 24, 2023  |  Security & Fraud

Singapore’s banks are reportedly increasing customer scrutiny following a $1.8 billion money laundering scandal. As the Financial Times (FT) reported Saturday (Sept. 23), this added oversight...

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Higher for Longer Means Tougher for Longer for FinTechs
Higher for Longer Means Tougher for Longer for FinTechs
September 24, 2023  |  Fintech Investments

The Federal Reserve said last week that higher interest rates could stick around. As The Wall Street reported Sunday (Sept. 24), this “higher for longer” strategy could spell bad...

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Shift4 and Give Lively Team to Improve Digital Donations for Nonprofits
Shift4 and Give Lively Team to Improve Digital Donations for Nonprofits
September 24, 2023  |  Digital Payments

Payments technology company Shift4 has launched a partnership with nonprofit fundraising platform Give Lively. The collaboration, announced Saturday (Sept. 23), is designed to help nonprofits in the U.S. avoid...

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Goldman: Credit Card Losses Climbing at Quickest Rate Since 2008
Goldman: Credit Card Losses Climbing at Quickest Rate Since 2008
September 24, 2023  |  Consumer Finance

Credit card companies are seeing losses rise at the fastest rate since the Great Recession. That’s according to a widely shared Goldman Sachs research note...

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High-Fashion Gamers Don Dolce&Gabbana
High-Fashion Gamers Don Dolce&Gabbana
September 23, 2023  |  Retail

Do gamers want luxury gaming gear? With the notion that gamers have a taste for the finer things in life, global gaming brand Razer partnered...

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FedEx’s Volume Pressures Point to Spending Shifts and Amazon’s Fulfillment Dreams 
FedEx’s Volume Pressures Point to Spending Shifts and Amazon’s Fulfillment Dreams 
September 22, 2023  |  Delivery

Wall Street’s focus on FedEx has been trained on cost cutting, and as we profiled here in the immediate wake of earnings, investors have cheered the...

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