By PYMNTS | July 9, 2026 In the high-velocity world of food-tech, few figures cast as long a shadow as Marc Lore. The serial entrepreneur, known for building Jet.com and leading Walmart’s U.S. e-commerce division, is currently steering his latest venture, Wonder, toward what could be its most pivotal moment yet: a massive funding round…
In the landscape of American retail, the Supplemental Nutrition Assistance Program (SNAP) has long been treated as an operational afterthought—a technical hurdle to be cleared at the point of sale rather than a core component of customer strategy. Today, one in eight Americans relies on SNAP benefits to put food on the table, and roughly…
By PYMNTS | July 8, 2026 In a move that signals a significant maturation of the digital asset payments landscape, global fintech firm Nium has announced the acquisition of Cypher, a specialized player in crypto-native, non-custodial wallet and card-issuing technology. This strategic consolidation marks a pivotal shift for Nium as it seeks to cement its…
By PYMNTS | July 8, 2026 Target Corporation is initiating a significant reorganization of its corporate strategy team, a move that signals the next phase of the retail giant’s aggressive effort to reclaim its market dominance. As the company continues to navigate a volatile retail landscape, the internal restructuring aims to sharpen the focus of…
By PYMNTS | July 8, 2026 As the legislative clock ticks toward an August 7 deadline, the U.S. Senate finds itself at a defining crossroads regarding the future of digital assets. The Clarity Act, a bipartisan proposal intended to establish a long-awaited federal framework for cryptocurrency, is facing a precarious path forward. With senators returning…
By PYMNTS | July 8, 2026 In an increasingly digitized and borderless economy, small and medium-sized businesses (SMBs) are finding themselves navigating the same financial complexities once reserved for multinational corporations. Recognizing this shift, U.S. Bank has officially launched "Enhanced Payments," a comprehensive digital suite designed to streamline money movement, reduce overhead costs, and provide…
By PYMNTS | July 7, 2026 In a significant leadership development for the global payments and financial technology sector, Fiserv announced on Tuesday, July 7, 2026, that Dhivya Suryadevara has resigned from her position as president. The departure, disclosed via a formal filing with the U.S. Securities and Exchange Commission (SEC), marks the latest pivot…
By PYMNTS | July 7, 2026 In a significant escalation of the generative AI arms race, Meta Platforms Inc. officially launched "Muse Image" on Tuesday, July 7, 2026. Developed by the company’s specialized Meta Superintelligence Labs, Muse Image represents a foundational shift in how Meta integrates high-fidelity visual generation across its vast social media ecosystem….
The economic landscape remains characterized by a persistent and perplexing dichotomy. According to the latest Survey of Consumer Expectations released by the Federal Reserve Bank of New York, American households are bracing for a prolonged period of inflationary pressure, even as they observe a reprieve at the fuel pump. This complex sentiment reflects the intricate…
By PYMNTS July 6, 2026 In a landmark shift for the venture capital landscape, a new breed of "AI-first" conglomerates is emerging, signaling that the next frontier of artificial intelligence is not just in foundation models, but in the radical operational transformation of traditional, unglamorous service industries. Thrive Holdings, a specialized holding company established by…
