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Visa entered fiscal 2026 with ample evidence that credentials, and not just cards, now anchor its global payments architecture.
Management commentary spanned agentic commerce, stablecoins, as well as in B2B and P2P money movement, and CEO Ryan McInerney said during the Thursday (Jan. 29) conference call with analysts that “the core of our consumer payments business is the Visa...
Apple just turned in what CEO Tim Cook called “a quarter for the record books” Thursday (Jan. 29) and the headline numbers back him up. But for the banking, payments and digital commerce crowd, the more interesting thread running through Apple’s fiscal 2026 first-quarter earnings call for the period ending Dec. 27 wasn’t just iPhone demand, it was how Cook is positioning Apple Intelligence as a...
Saks Global will wind down the majority of its off-price operations, including most Saks OFF 5TH locations and all Neiman Marcus Last Call stores, Reuters reported Thursday (Jan. 29).
The conglomerate, which filed for Chapter 11 protection earlier this month, stated the move aims to realign the business toward full-price luxury sales.
The decision comes barely a year after a merger...
Google DeepMind has introduced Project Genie, an experimental research prototype that uses its latest world-model artificial intelligence (AI) to generate and explore interactive virtual environments, according to a Thursday (Jan. 29) blog post on Google’s Innovation and AI site.
Project Genie is powered by Genie 3, a general-purpose world model that can produce diverse, explorable...
U.S. federal regulators are no longer circling the crypto question. They are building the machinery to answer it.
The Senate Agriculture Committee on Thursday (Jan. 29) morning voted 12–11, along party lines, to advance a major crypto market structure bill that would grant the Commodity Futures Trading Commission (CFTC) primary authority over spot trading in digital commodities....
Digital financial services giant Nu received conditional approval from the Office of the Comptroller of the Currency (OCC) to establish a new national bank in the United States, according to a Thursday (Jan. 29) press release.
The new entity, to be known as Nubank, N.A., represents a significant milestone in the company’s long-term strategy to expand its operational footprint beyond...
European payments sovereignty moved back to the top of the policy agenda Thursday (Jan. 29) as European Central Bank (ECB) Executive Board Member Piero Cipollone said the digital euro would provide the retail payments infrastructure the euro zone currently lacks, per Reuters.
Speaking at a conference in Italy, Cipollone argued that Europe must become self-sufficient in payments as...
Amazon is discussing investing as much as $50 billion in OpenAI, The Wall Street Journal reported Thursday (Jan. 29), citing unnamed sources.
The move that would mark one of the largest single bets yet on the artificial intelligence company behind ChatGPT and deepen Amazon’s role in the fast-consolidating AI infrastructure race, the report said.
The negotiations are being led by Amazon...
Caterpillar is reshaping how customers use its equipment as demand shifts toward data centers, autonomous operations and energy reliability. On its latest earnings call, held on Thursday (Jan. 29) the company described customers deploying machines, engines and services as long-lived infrastructure rather than short-cycle construction assets.
Data center construction emerged as a...
At a high level, the direct-to-consumer (D2C) model arrived with the promise to eliminate intermediaries, speak directly to customers, and use digital channels to deliver lower prices, tighter feedback loops and cleaner brand narratives.
For a time, the formula appeared to work, as digitally native brands paired online sales with carefully staged storefronts meant to deepen loyalty and...