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The total value of the cryptocurrency market hit an all-time high Thursday (July 17), surpassing the $4 trillion milestone, crypto data aggregator CoinGecko said in a post on social platform X.
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An image included in the post showed that the market cap reached $4,001,350,396,696.
JUST IN: The total crypto market cap has hit a new ATH of $4T. pic.twitter.com/gE8hRFegwz
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Perplexity AI, the generative AI search startup, has secured $100 million in new capital, boosting its valuation to $18 billion, Bloomberg reported. The deal extends a recent funding round that had previously valued the company at $14 billion and highlights the continued enthusiasm among investors for top-tier AI ventures.
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Founded in 2022, Perplexity has rapidly scaled...
Watch more: Unified Commerce Starts With the Modern POS
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The traditional brick-and-mortar retail store is undergoing a transformation, evolving from a transaction point into a sophisticated command center designed to enhance visibility, deepen engagement and improve operational efficiency.
At the forefront of this shift is the concept of unified commerce.
Nikki Baird,...
For millions of smaller businesses across America, the ubiquitous credit card has become less of a standard payment tool and more of a financial lifeline. Staring daily at fluctuating revenue, tight cash flow and a banking system that can treat them as second-tier borrowers, small and medium-sized businesses (SMBs) are turning to both personal and business credit cards to patch funding gaps for...
Companies are using AI to streamline identity and business verification and fight fraud, Trulioo Chief Technology Officer Hal Lonas writes in a new PYMNTS eBook, “Halftime 2025: Charting the Future of Payments.”
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A seasoned pilot recognizes the need for mid-course corrections to stay on course; the primary course correction for the payments industry mid-2025 is mainly...
Is it a legit run? A passing fad? A meme stock? Opendoor Technologies roared back onto Wall Street’s radar and easily topped the positive movers on the Fintech IPO Index this week. Overall, the index was up 2.51% for the week and is outpacing June so far by 11.56%.
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But back to Opendoor. The stock has posted a spectacular surge of nearly 200% over the last month,...
The promise of frictionless retail through self-checkout once faltered, but a new wave of smart, unattended solutions is now poised to redefine consumer commerce and address long-standing industry challenges, according to a recent PYMNTS report.
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Initial self-checkout systems, envisioned as a seamless alternative, became a “cautionary tale,” creating a “widening rift...
The Federal Reserve is not only studying how artificial intelligence (AI) is affecting the economy but also deploying the technology to help with its own work, Fed Governor Lisa D. Cook said Thursday (July 17).
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In a speech delivered at a National Bureau of Economic Research (NBER) event in Cambridge, Massachusetts, Cook said the Federal Open Market Committee (FOMC) is...
Netflix said Thursday (July 17) that it expects advertising revenue to roughly double in 2025, as the company introduces interactive ads in the second half of the year.
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“We’ve closed the large majority of deals with the major agencies, those results have generally been in line or slightly better than our targets, and consistent with our goal to roughly double the ads...
Wyoming reportedly tested its planned state-issued stablecoin, the Wyoming Stable Token (WYST), Thursday (July 17), seeing how it could be used for real-time payments to government contractors.
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The state teamed up with blockchain startup Hashfire to use the stablecoin through the company’s Document Authentication Protocol, which is built on a custom Avalanche blockchain...