Nasdaq 100 Loses $2.5 Trillion as AI Stocks Slide After Midterms
U.S. tech stocks sold off hard on November 5. The Nasdaq 100 shed roughly $2.5 trillion in market value.
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AI Could Widen Economic Gap Between Rich and Poor Commonwealth Nations by $360 Billion
A new study has found a $360 billion gap in the potential economic benefits of artificial intelligence between the Commonwealth countries best prepared to use the technology and those that are not.
DoorDash to Buy Instacart for $17 Billion in Major Grocery Delivery Push
DoorDash has announced it will acquire Instacart in a deal valued at about $17 billion.
PaySpace Magazine Included in FeedSpot’s Ranking of Best Ripple Blogs
PaySpace Magazine was named one of the top Ripple blogs to follow in 2026 as part of FeedSpot’s ranking of blogs.
Apollo Economist Says AI Has Delivered ‘Zero Financial Payoff’ to Most Companies
Artificial intelligence has not improved the financial performance of large corporations outside the technology sector, according to a recent note from Torsten Slok, chief economist at Apollo Global Management.
51% of New Online Spending in Emerging Markets Will Come from Consumers Over 45
People aged 45 and over will account for 51% of the increase in annual online spending in emerging markets through 2036, or $4.4 trillion.
Anthropic Took Two-Thirds of AI Platform Card Spend in July, and What That Means for Corporate Cards for AI and API Spend in 2026
Anthropic took the lead in business AI spend in July, and by a wide margin. In anonymized card data from Slash, which covers the businesses paying on its corporate cards, Anthropic, the company behind Claude, took 67.86% of identified AI platform spend, up from 47.59% in June. OpenAI, which makes ChatGPT, fell from 49.92% to […]
The AI Arms Race Is Missing What Merchants Are Asking For
AI solution development has turned into an arms race. Some tech leaders ponder slowing it down, others object it will hinder the innovation. Little however is spoken about what end consumers and businesses think about it all. In this article, Scott Dawson, CEO at DECTA UK, explores something the AI arms race has largely overlooked: […]
Paymentus’ Chris Trainor Shares Insights on Service Commerce Performance Index Study
This September, Paymentus Holdings Inc. and PYMNTS Intelligence released the Service Commerce Performance Gap Report study measuring differences between what consumers expect from billing and payment experiences and what service providers believe they deliver. PaySpace Magazine team sat down with Chris Trainor, Head of Platform Strategy, Innovation and AI at Paymentus, to discuss the findings […]
Mastercard and WEX Join Forces on Fleet Payments in Asia-Pacific
WEX and Mastercard are working together on a fleet payments network that will bring several types of vehicle-related expenses into one system.
PwC: AI Faces Biggest Cybersecurity Preparedness Gap
A new PwC survey suggests that massive AI systems and cybersecurity investments are not yet translating into resilience against threats, as organizations are not so well prepared for attacks on their AI infrastructure yet.
Visa Reports Stablecoin Card Payments Grow 200% a Year
Visa says payments on stablecoin-linked cards have nearly tripled in a span of one year. A growing share of that activity now comes from business users.
Goldman Sachs: 36% of $300K Earners Live Paycheck to Paycheck
A salary above quarter or half a million dollars a year sounds like a safe place to be. New research from Goldman Sachs Asset Management suggests it does not always feel that way. A closer look at who is struggling to save for retirement turns up some unexpected names.
Professional Investors Expect Tokenized Equity Market to Grow Rapidly
Professional investors are increasingly using tokenized equities, with most respondents to a new global survey expecting the market to reach at least $10 billion in on-chain trading volumes by June 2027.
Influencers See UPI MDR Introduction as Vital Step for Ecosystem Monetization: GlobalData
The Indian government announced on September 15, 2026, that a Merchant Discount Rate (MDR), fee charged for processing digital payments, will apply to Unified Payments Interface (UPI) transactions for the first time in nearly six years.
Convera Reports Global FX Turnover Hits $9.5 Trillion Daily as ‘Volatility Gap’ Widens
Convera, a commercial payments provider, has launched a global report warning that businesses face a growing “volatility gap” — the widening distance between how quickly money moves across borders and how effectively companies manage the currency risk tied to those movements.
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