Residents will have the option beginning in mid-2025 to make the payments with the digital currency through a secure platform managed by PayPal. City leaders hope the move will help attract and retain tech startups in the Motor City.
“Detroit is building a technology-friendly environment that empowers residents and entrepreneurs,"...
The election of Donald Trump as president will shape the evolving payments landscape as his administration touches everything from stablecoins to earned wage access policies to federal antitrust priorities.
With payments processes caught up in rapid change, new laws and regulatory policies put forward by his administration will be influential,...
Following the last several months of challenges, management must act fast to win back investors.
What is going on at Super Micro Computer (SMCI -3.77%)?
Shares of the once high-flying artificial intelligence (AI) server company have collapsed after a growing scandal has enveloped the business.
This timeline shows how the story has unfolded:
Aug. 27: In...
Some Dow Jones components are far from passive income powerhouses.
The Dow Jones Industrial Average (^DJI 0.59%) is making its second major change in 2024. Earlier this year, Amazon (AMZN -0.89%) replaced Walgreens Boots Alliance. Now, Nvidia (NVDA -0.84%) is swapping with Intel, and Sherwin-Williams is replacing chemical giant Dow.
Here's...
Global asset manager and Swiss bank UBS has developed and successfully piloted a blockchain-based payment solution, aiming to increase efficiency and transparency, as well as enable the programmability of money movements for corporate and institutional clients.
The solution, dubbed UBS...
