This Week in B2B: Automation, AI, Embedded Finance
Highlights B2B is undergoing a digital transformation, driven by automation, AI and embedded finance — replacing legacy systems…
Smart Contracts Could Make Central Banks ‘Nimbler’
Highlights Central banks are studying how tokenization and smart contracts can automate monetary policy implementation, potentially making them…
Walmart Eliminating Roles on Tech, eCommerce Fulfillment Teams
Walmart plans to cut 1,500 corporate jobs in its technology, eCommerce fulfillment and advertising operations, The Wall Street…
Shopify Debuts AI-Powered Store Builder for Merchants
Shopify has introduced a tool that lets merchants create online stores by entering descriptive keywords. The Canadian eCommerce…
Bitcoin Hits Record High After Stablecoin Bill Advances in Senate
Bitcoin reportedly hit an all-time high of $109,730 Wednesday (May 21), driven in part by the Monday (May…
Big Banks Eye Crypto, But Can Smaller Lenders Win Retail Wallet?
Highlights Banks are shifting into crypto as U.S. regulators and lawmakers signal that new rules are imminent. JPMorgan,…
Tariffs May Create ‘More Multipolar System’
A more multipolar system of trade and capital could emerge from the current disruptions caused by tariffs, Citi…
Are AI Agents Ready to Take Over Human Work?
Highlights A Carnegie Mellon study shows that AI agents are not ready for work in the real world.…
UK Central Bank Could Ease ‘Ringfencing’ Rules for Lenders
The Bank of England is reportedly looking to ease its “ringfencing” rules for British lenders. As the Financial…
Finastra Sells Treasury Business to Private Equity Firm Apax
Financial software firm Finastra is selling its treasury and capital management business. The deal, announced Monday (May 19),…
Federal Reserve to Cut Staff 10% Over ‘Couple of Years’
The Federal Reserve plans to cut its workforce by about 10% “over the next couple of years” amid a…
How Revisions to GENIUS Act Could Impact US Stablecoin Market
Highlights U.S. lawmakers are debating the GENIUS Act, which aims to create a regulatory framework for dollar-backed stablecoins,…