News - page 42

Gen Z Is Driving a Surprising Mall Renaissance
Finance & Economics

Gen Z Is Driving a Surprising Mall Renaissance

After years of predictions about the “death of the mall,” a new trend is turning that narrative upside down: younger consumers, especially those born around 1997 – 2012 and commonly known as Generation Z (Gen Z), are helping revive in‑person shopping hubs across the U.S. and beyond.

Brex Is Now in the ChatGPT App Marketplace So You Can Ask Anything About Your Expense Data
Fintech & Ecommerce

Brex Is Now in the ChatGPT App Marketplace So You Can Ask Anything About Your Expense Data

Corporate fintech platform Brex has launched in the ChatGPT app marketplace, making it one of the first financial apps available in OpenAI’s ecosystem. ChatGPT Enterprise users can now ask natural language questions about their spending, balances, and expense policies directly inside ChatGPT.

Utexo Raises $7.5M to Bring USDT Settlement Natively to Bitcoin
Blockchain & Crypto

Utexo Raises $7.5M to Bring USDT Settlement Natively to Bitcoin

Bitcoin payments startup Utexo has closed a $7.5 million seed round to build production-ready infrastructure for settling USDT directly on the Bitcoin network, marking a significant push to reunite the world’s largest stablecoin with the world’s largest blockchain.

Splitit Backs Google’s Universal Commerce Protocol, Opening Door to AI‑Driven Installment Payments
Fintech & Ecommerce

Splitit Backs Google’s Universal Commerce Protocol, Opening Door to AI‑Driven Installment Payments

Payments and fintech company Splitit, focused on BNPL and flexible payments, recently announced that it is supporting the Universal Commerce Protocol (UCP) for AI commerce championed by Google and a group of major retailers and technology partners.

Airwallex Launches Yield Accounts in the U.S., Supercharging Business Payments With Interest-Earning Balances
Fintech & Ecommerce

Airwallex Launches Yield Accounts in the U.S., Supercharging Business Payments With Interest-Earning Balances

Global payments and financial platform Airwallex has expanded its treasury management capabilities with a new feature for U.S. customers that allows businesses to earn yield on idle balances held within its payments infrastructure.

Robinhood Unveils $695 Platinum Credit Card Made With Real Platinum to Target Affluent Users
Fintech & Ecommerce

Robinhood Unveils $695 Platinum Credit Card Made With Real Platinum to Target Affluent Users

The trading and financial services platform Robinhood has introduced a new premium credit card plated with real platinum, marking its latest effort to expand beyond retail trading and compete in the high-end credit card market.

BitGo to Power Infrastructure for SoFi’s New Dollar Stablecoin SoFiUSD
Blockchain & Crypto

BitGo to Power Infrastructure for SoFi’s New Dollar Stablecoin SoFiUSD

BitGo has been selected to provide stablecoin infrastructure and distribution support for SoFiUSD, a new U.S. dollar-pegged digital currency issued by SoFi Bank.

Female Wealth in Asia Surges as Private Banks Shift Strategies for a New Generation of Investors
Finance & Economics

Female Wealth in Asia Surges as Private Banks Shift Strategies for a New Generation of Investors

As the financial industry marks International Women’s Day 2026, private banks and wealth managers are increasingly focusing on one of the fastest-growing forces in global finance: female wealth. Across Asia, women are accumulating assets at a rapid pace, prompting leading institutions such as Lombard Odier, Pictet, Howden, and JPMorgan to adapt their wealth management strategies […]

Africa’s Green Economy Summit (AGES) 2026 Delivers Roadmap To Africa’s Bankable, Scalable Climate Reality
Finance & Economics

Africa’s Green Economy Summit (AGES) 2026 Delivers Roadmap To Africa’s Bankable, Scalable Climate Reality

The summit opened with a focus on innovative finance for nature, exploring green, blue, and wildlife bonds, including the “Rhino Bond” and emerging biodiversity credits

Cassava Technologies Expands Africa’s AI Infrastructure Push with Cloud Partner Programme and National Sovereign Cloud Initiative
Science & Technology

Cassava Technologies Expands Africa’s AI Infrastructure Push with Cloud Partner Programme and National Sovereign Cloud Initiative

Cassava Technologies has unveiled two major initiatives aimed at accelerating artificial intelligence (AI) and cloud adoption across emerging markets while strengthening digital sovereignty for African governments. The company announced the launch of its new Cassava Cloud Partner (CCP) programme alongside a National Sovereign Cloud (NSC) solution designed to support secure AI-enabled public infrastructure across the […]

OpenAI Quietly Scales Back Direct Checkout Plans for ChatGPT
Fintech & Ecommerce

OpenAI Quietly Scales Back Direct Checkout Plans for ChatGPT

AI shopping vision where ChatGPT gets a direct checkout button, performing the role of an agentic gateway, faces merchant, consumer, and technical headwinds

Nexi Sets Course for €2.4 Billion Cash Generation and Sustained Dividend Growth Through 2028
Fintech & Ecommerce

Nexi Sets Course for €2.4 Billion Cash Generation and Sustained Dividend Growth Through 2028

Nexi, Europe’s leading PayTech company, unveiled its 2026–2028 strategic plan at Capital Markets Day in Milan, targeting approximately €2.4 billion in total excess cash generation over the three-year period, a proposed dividend of €350 million (€0.30 dividend per share, corresponding to ~9% dividend yield), and a return to mid-single-digit revenue growth by 2028.

The Central African Republic Launches High-Quality Digitization Project
Finance & Economics

The Central African Republic Launches High-Quality Digitization Project

The platform is built on an open-source microservices architecture with high resiliency (99.8% availability), encrypted data structure, and API interoperability

Islamic Development Bank Institute Secures Second US Patent for Innovative “Proof-of-Use” Blockchain Consensus Mechanism
Blockchain & Crypto

Islamic Development Bank Institute Secures Second US Patent for Innovative “Proof-of-Use” Blockchain Consensus Mechanism

The patented proof of use (PoU) mechanism introduces a reciprocity-based approach: participants validate others’ transactions in exchange for having their own transactions validated, aligning blockchain network influence with actual participation rather than computational power or capital

The Great AI Divide: Industry Euphoria Meets Public Skepticism
Science & Technology

The Great AI Divide: Industry Euphoria Meets Public Skepticism

As tech giants pour hundreds of billions into AI infrastructure and executives paint visions of transformation, a new wave of research reveals that most Americans remain unconvinced in their scepticism and many are quietly opting out.

Crypto Payment Gateways Market Set to Grow From $1.2B Today to Nearly $6B by 2035
Blockchain & Crypto

Crypto Payment Gateways Market Set to Grow From $1.2B Today to Nearly $6B by 2035

Reports show the crypto payment gateway market is moving from niche tools to an operating-layer role.