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Why the IRS draft update for gambling tax reporting matters

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Banking, Retail and Tech Leaders Align on AI Agents’ High-Impact Use Cases
At first guess, one might think the agentic AI boom would splinter into a thousand use cases. Retailers automating inventory. Banks unleashing robo-analysts. Manufacturers fine-tuning factories. ...

Unpredictable Pay Cycles Break Financial Stability for America’s Hourly Workers
Explore more conversations like this on the PYMNTS Podcast page At 60 million and growing, the U.S. Labor Economy represents a sizeable segment of the country’s manpower. Yet, even as...

Verifiable On-Chain Prop Trading & the Emergence of Trustless Market Infra: A Case Study
TL;DRProp trading relies on opaque risk engines that traders cannot verify.This creates structural incentives for payout denial and abuse.Carrotfunding introduces parallel verification with Oasis RO...

UK’s FCA Aims to Support Integration of Stablecoins into Payments Landscape
The UK’s Financial Conduct Authority (FCA) has initiated a collaborative effort to advance the integration of stablecoins into the payments landscape. This “Stablecoin Sprint,” scheduled for Mar...

A Nostalgic Look Back to 2016 With a PYMNTS Twist
As nostalgia sweeps across social media, touching everything from posts to playlists, 2016 has emerged as a reference point for how different things felt and how much optimism was embedded in the mome...

India Wants BRICS Nations to Link Digital Currencies
India’s central bank has reportedly proposed that BRICS countries link their digital currencies. The goal here is to ease cross-border trade and tourism payments and reduce reliance on th...

IMF Sees Threat to World Economy if AI Falls Short
The IMF is reportedly warning of a threat to the world economy from an AI downturn. In its latest World Economic Outlook, published Monday (Jan. 19), the International Monetary Fund (IM...

FTC Alleges Payment Processor Cliq Failed to Implement Fraud Prevention Measures
Payment processor Cliq said Monday (Jan. 19) that it will “vigorously defend” against a legal motion filed Tuesday (Jan. 13) by the Federal Trade Commission (FTC). The motion alle...

NYSE Takes Stocks On-Chain and Tests Wall Street’s Old Rules
The digital asset space first wanted to replace the financial system. Now, the blockchain ecosystem is lowering its gaze from that sky-high goal and seeking instead merely to eliminate legacy ineffici...

New York Stock Exchange Developing 24/7 Tokenized Trading Platform
The New York Stock Exchange is reportedly creating a venue for round-the-clock tokenized stock trading. The exchange (NYSE) plans to combine its technology that matches sellers and buyers w...