For decades, the paper check has been the "old reliable" of the corporate finance world. It is familiar, tangible, and deeply entrenched in the administrative bedrock of legacy enterprises. However, as the digital economy accelerates, finance leaders are beginning to realize that the check is no longer a neutral utility. Instead, it has become a…
By PYMNTS | July 23, 2026 In an era of economic uncertainty, online lender Enova International has emerged as a bellwether for the resilience of the modern U.S. economy. According to its second-quarter earnings report released on Thursday, July 23, 2026, the company has achieved record-breaking financial milestones, driven by a surge in originations and…
By PYMNTS | July 23, 2026 In a decisive move to curb the growing influence of artificial intelligence on retail economics, New Jersey Governor Mikie Sherrill signed the "Fair Price Protection Act" into law this Thursday. The legislation represents a significant milestone in the national debate over consumer privacy, effectively banning the practice of “surveillance…
By PYMNTS | July 23, 2026 The United States labor market has reached a milestone not seen in over half a century. According to the latest data released Thursday (July 23, 2026) by the Department of Labor (DOL), initial jobless claims plummeted to 187,000 for the week ending July 18. This figure represents the lowest…
By PYMNTS | July 23, 2026 The rapidly expanding creator economy is undergoing a structural transformation. What began as a landscape of independent hobbyists and influencers has matured into a sophisticated, global ecosystem of small-to-medium-sized businesses (SMBs). Recognizing that traditional banking infrastructure often fails to accommodate the unique, multi-stream revenue models of these digital entrepreneurs,…
By PYMNTS July 22, 2026 Stripe, the global financial infrastructure giant, is aggressively repositioning itself to become the central nervous system of the artificial intelligence (AI) economy. Fresh off a fiscal year that saw its revenue climb by a third to $6.8 billion, the company is leveraging its unique position at the intersection of high-growth…
By PYMNTS | July 22, 2026 In a move that signals a seismic shift in the global venture capital landscape and the trajectory of artificial intelligence, Travis Kalanick, the co-founder and former CEO of Uber, has officially unveiled his latest venture: Atoms. The company, which has emerged from stealth mode with a staggering $1.7 billion…
By PYMNTS July 22, 2026 Amazon, the e-commerce and cloud computing titan, confirmed on Wednesday (July 22) that it has implemented a new round of job cuts within its Artificial General Intelligence (AGI) division. The decision marks the latest step in a protracted period of organizational restructuring as the company seeks to focus its resources…
For modern finance chiefs, the primary challenge of the current digital era is no longer a scarcity of tools, but a paralyzing surplus of them. As the enterprise technology landscape expands, Chief Financial Officers (CFOs) are being besieged by an ever-growing menu of artificial intelligence (AI) applications, real-time payment rails, sophisticated treasury management systems (TMS),…
By PYMNTS | July 21, 2026 In an era where the digital transformation of banking is no longer a competitive advantage but a baseline requirement, Bank of America (BofA) has taken a significant leap forward in bridging the gap between automated efficiency and human-centric service. On Tuesday, July 21, 2026, the financial institution announced a…
