Elon Musk was named Time magazine's "Person of the Year," capping a run during which the head of Tesla Inc. solidified his standing as the world's richest person and turned his onetime electric-vehicle startup into a $1 trillion company.
At a congressional hearing on crytpocurrency, Bitfury CEO Brian Brooks explains the blockchain and how it plays an integral role in Web 3.0.
Warehouses in California’s Inland Empire are a crucial step in the U.S. supply chain. Low warehouse vacancy rates in the area combined with port delays are creating a perfect storm of challenges this holiday season.
On this week's episode of Spotlight Mariette Ferreira is joined by Marc Winitz - CMO at payments fintech Rapyd. The pair dive into Marc's career, his role at Rapyd and what the team there are working on, before taking a look at the wider payments industry - one of the most exciting areas of financial services.
A spike in smash-and-grab robberies is driving retailers to find new ways to boost security and protect merchandise this holiday shopping season. Retailers say organized crime incidents have risen during the pandemic.
The world’s most indebted real-estate firm Evergrande has embarked on a social media campaign to show construction has resumed and says it’s doing whatever it takes to deliver homes. WSJ compares these posts with ones from upset buyers.
Shiba Inu Coin’s recent surge, and subsequent fall in value, is part of a growing trend of meme coins that are rivaling some of the largest digital tokens in the world. WSJ retail investing reporter Caitlin McCabe explains why investors are pouring money into this meme based cryptocurrency.
Alternative money management methods and payment approaches are also gaining speed, complicating the relationship between consumers and their preferred banking methods. With all of this change, where is DeFi’s place in banking? Is there a place for it? Join this must-see PYMNTS TV special as Editor-in-Chief Matt Nesto is joined by Algorand Director of Business Solutions Giuliana Berchicci and Bnext CEO & Co-Founder Guillermo Vicandi to discuss the state of the industry.
Identity verification is integral to the secure use of digital platforms, many of which have become staples of consumers’ lives in recent years. But with so many authentication methods – from traditional passwords and usernames, to biometrics like face and fingerprint scans – it can be challenging to know just what consumers prefer from their apps and digital accounts, and how best to optimize these experiences from a merchant standpoint. In this virtual roundtable, PYMNTS Editor-in-Chief Matt Nesto hosts industry leaders to discuss this topic and more. Tune in.
The market for non-fungible tokens, or NFTs, is soaring, reaching $10.7bn in the third quarter of 2021. For the art world it's a new frontier, where ownership of digital assets is encrypted on the blockchain. The FT talks to artists, auction houses and collectors about how NFTs are bringing in new buyers and setting records for sales of digital works, and we follow a painter making his first NFT.
FT banking and fintech reporter Siddharth Venkataramakrishnan looks at how the digital assets are used, why they are growing in popularity - and why they are in regulators' sights.
Merchants are dialed into the reality that more payments options at checkout increases the odds they’ll make a sale. New data shows that one of those options now must include a lease to own option, particularly for merchants selling expensive durable goods. With 57 percent of the US population — and 39 percent of those making more than $100k a year — now living paycheck to paycheck, many need the flexibility that this payment option offers, while giving merchants a new way to convert customers who might never consider them an option for making such a purchase. Tune into this conversation with PYMNTS CEO Karen Webster and expert guests to learn more.
In the 21st century it's got harder to earn more than your parents and to climb the social ladder. What's gone wrong, and what can be done to change this?
Cryptocurrencies like Bitcoin have been billed as a major disruptor to finance. But digital currencies issued by governments might be even more radical—they may even threaten the future of traditional banking
However, An area that hasn’t attracted sufficient attention is the potential increased fragility of money. And this has nothing to do with volatile cryptocurrency valuations.
Find out more HERE.
Find out what these differences are in Arti Agarwal's article "Why CBDCs Are NOT The Same as Cryptocurrencies Like Bitcoin" HERE.
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Bitcoin and other cryptocurrencies set out to upend the financial order and replace conventional money. Bitcoin has certainly disrupted the global financial system, but can it ever live up to the hype?
You can read more in The Economist's latest report on cryptocurrency- https://econ.st/3wnYfRr
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